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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.

FOREX_THBCAD
Open High Low THBCAD Price Change
0.04170779 0.04207250 0.04167745 0.04186834 +0.00016100
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term down The long-term trend has been DOWN since Feb 19th, 2021 at 0.04208933

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.04233248

short term up 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).

-85
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways 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
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