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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Strong Downtrend (-100) - THBCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBCAD continues to fall. 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.

FOREX_THBCAD
Open High Low THBCAD Price Change
0.03623544 0.03623544 0.03623544 0.03623544 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term down The long-term trend has been DOWN since Mar 21st, 2022 at 0.03748328

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2022 at 0.03709521

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 0.03632935

Smart Scan Analysis for THBCAD

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

-100
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03623544 0.03623544 0.03623544 0.03623544 0.00000000
Prev. Close Volume Bid Ask Time
0.03623544 2022-07-02 00:32:24
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