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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 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
23.7425 23.7685 23.7300 23.7660 +0.0235
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long term trend has been DOWN since Nov 20th, 2018 at 24.793

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2019 at 23.733

short term up The short term trend has been UP since May 17th, 2019 at 23.579

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
23.7425 23.7685 23.7300 23.7660 +0.0235
Prev. Close Volume Bid Ask Time
23.7425 23.7430 23.7890 2019-05-21 03:18:25
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.