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Forex Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Long-Term Uptrend (+90) - CADTHB is in a strong uptrend that is likely to continue. While CADTHB 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 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
23.837859 23.837859 23.837859 23.837859 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term up The long-term trend has been UP since Jul 22nd, 2020 at 23.588240

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 23.790999

short term up The short-term trend has been UP since Oct 19th, 2020 at 23.711470

Smart Scan Analysis for CADTHB

Based on our trend formula, CADTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.837859 23.837859 23.837859 23.837859 0.000000
Prev. Close Volume Bid Ask Time
23.837859 2020-10-24 10:51:50
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