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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Weak Downtrend (-65) - THBCAD is showing signs of a strengthening downtrend. Monitor THBCAD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid THBCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBCAD
Open High Low THBCAD Price Change
0.04305431 0.04305431 0.04305431 0.04305431 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term up The long-term trend has been UP since Mar 8th, 2020 at 0.04408534

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.04278661

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 0.04279802

Smart Scan Analysis for THBCAD

Based on our trend formula, THBCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04305431 0.04305431 0.04305431 0.04305431 0.00000000
Prev. Close Volume Bid Ask Time
0.04305431 0.04304589 0.04306272 2020-04-05 00:15:09
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