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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2019.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
23.019382 23.041904 22.867395 22.890395 -0.128987
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long term trend has been DOWN since Nov 20th, 2018 at 24.793000

intermediate term up The intermediate term trend has been UP since Dec 5th, 2019 at 22.978671

short term up The short term trend has been UP since Dec 3rd, 2019 at 22.805315

Smart Scan Analysis for CADTHB

Based on a pre-defined weighted trend formula for chart analysis, CADTHB scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.019382 23.041904 22.867395 22.890395 -0.128987
Prev. Close Volume Bid Ask Time
23.019382 22.866518 22.914272 2019-12-06 13:21:47
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.