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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Long-Term Uptrend (+90) - THBCAD is in a strong uptrend that is likely to continue. While THBCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.03903302 0.03908618 0.03892857 0.03894006 -0.00009300
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term up The long-term trend has been UP since Nov 8th, 2023 at 0.03887807

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.03777019

short term up The short-term trend has been UP since Nov 27th, 2023 at 0.03888190

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).

+90
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03903302 0.03908618 0.03892857 0.03894006 -0.00009300
Prev. Close Volume Bid Ask Time
0.03903302 2023-11-29 13:07:11
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