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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADTHB
Open High Low CADTHB Price Change
23.7740 23.8000 23.6650 23.6755 -0.0985
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long term trend has been DOWN since Nov 20th, 2018 at 24.7930

intermediate term up The intermediate term trend has been UP since May 21st, 2019 at 23.8585

short term down The short term trend has been DOWN since May 23rd, 2019 at 23.6870

Smart Scan Analysis for CADTHB

Based on a pre-defined weighted trend formula for chart analysis, CADTHB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.7740 23.8000 23.6650 23.6755 -0.0985
Prev. Close Volume Bid Ask Time
23.7740 23.6520 23.6990 2019-05-23 19:17:40
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.