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.
MarketClub’s Trade Triangles for THBCAD
The long-term trend has been UP since Mar 8th, 2020 at 0.04408534
The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.04278661
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).