Forex Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
Canadian Dollar/Thai Baht (FOREX:CADTHB)
Strong Uptrend (+100) - CADTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CADTHB
The long-term trend has been UP since Feb 19th, 2021 at 23.759568
The intermediate-term trend has been UP since Jul 26th, 2021 at 26.255443
The short-term trend has been UP since Jul 29th, 2021 at 26.310215
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).