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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Canadian Dollar/Thai Baht (FOREX:CADTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
23.3060 23.3185 23.2785 23.2950 -0.0110
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 down The intermediate term trend has been DOWN since Jul 30th, 2019 at 23.3795

short term down The short term trend has been DOWN since Aug 14th, 2019 at 23.2175

Smart Scan Analysis for CADTHB

Based on a pre-defined weighted trend formula for chart analysis, CADTHB scored -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
23.3060 23.3185 23.2785 23.2950 -0.0110
Prev. Close Volume Bid Ask Time
23.3060 23.2710 23.3190 2019-08-18 21:56:22
Want to analyze Canadian Dollar/Thai Baht CADTHB or another symbol? Try our Free Forex Trend Analysis Report.