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.
MarketClub’s Trade Triangles for THBCAD
The long-term trend has been DOWN since Mar 21st, 2022 at 0.03748328
The intermediate-term trend has been DOWN since May 16th, 2022 at 0.03709521
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).