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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Canadian Dollar/Thai Baht (FOREX:CADTHB)
Strong Downtrend (-100) - CADTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADTHB continues to fall. 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 Dec 3rd, 2024 at 24.423828
The short-term trend has been DOWN since Nov 24th, 2024 at 24.640965
Smart Scan Analysis for CADTHB
Based on our trend formula, CADTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.423041 | 24.428947 | 24.349460 | 24.380742 | -0.042299 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.423041 | 2024-12-04 03:16:47 |