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Forex Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
Canadian Dollar/Thai Baht (FOREX:CADTHB)
Long-Term Downtrend (-90) - CADTHB is in a strong downtrend that is likely to continue. While CADTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CADTHB
The long-term trend has been DOWN since Jul 16th, 2024 at 26.353421
The intermediate-term trend has been DOWN since Jan 21st, 2025 at 23.580001
The short-term trend has been DOWN since Jan 15th, 2025 at 24.064931
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.525250 | 23.541149 | 23.395209 | 23.423028 | -0.102222 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.525250 | 2025-01-24 18:58:21 |