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Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Countertrend Down (-85) - THBCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for THBCAD
The long-term trend has been DOWN since Feb 19th, 2021 at 0.04208933
The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.04233248
The short-term trend has been UP since Mar 1st, 2021 at 0.04185676
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04170779 | 0.04207250 | 0.04167745 | 0.04186834 | +0.00016100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04170779 | 2021-03-01 14:34:49 |