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Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Countertrend Down (-85) - CADTHB 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 CADTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADTHB
Open High Low CADTHB Price Change
23.543683 23.543683 23.516249 23.517790 -0.025893
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long-term trend has been DOWN since Jul 16th, 2024 at 26.353421

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2025 at 23.580001

short term up The short-term trend has been UP since Feb 3rd, 2025 at 23.430319

Smart Scan Analysis for CADTHB

Based on our trend formula, CADTHB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.543683 23.543683 23.516249 23.517790 -0.025893
Prev. Close Volume Bid Ask Time
23.543683 2025-02-05 01:08:17
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