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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.

FOREX_CADTHB
Open High Low CADTHB Price Change
23.525250 23.541149 23.395209 23.423028 -0.102222
Entry Signal

MarketClub’s Trade Triangles for CADTHB

long term down The long-term trend has been DOWN since Jul 16th, 2024 at 26.353421

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2025 at 23.580001

short term down 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).

-90
Smart Scan Analysis for CADTHB
Strong Downtrend Sideways 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
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