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Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Long-Term Downtrend (-90) - THBCAD is in a strong downtrend that is likely to continue. While THBCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Sep 23rd, 2021 at 0.03801645
The short-term trend has been DOWN since Oct 15th, 2021 at 0.03713415
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03697063 | 0.03708059 | 0.03690926 | 0.03706313 | +0.00009300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03697063 | 2021-10-18 22:05:29 |