Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, May 23, 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.
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MarketClub’s Trade Triangles for CADTHB
The long term trend has been DOWN since Nov 20th, 2018 at 24.7930
The intermediate term trend has been UP since May 21st, 2019 at 23.8585
The short term trend has been DOWN since May 23rd, 2019 at 23.6870
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.7740 | 23.8000 | 23.6650 | 23.6755 | -0.0985 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.7740 | 23.6520 | 23.6990 | 2019-05-23 19:17:40 |