Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Sidelines Mode (-50) - THBCAD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until THBCAD can gain momentum.
Is it time to buy, sell, or avoid THBCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for THBCAD
The long-term trend has been UP since Jul 16th, 2024 at 0.03794587
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.04061697
The short-term trend has been DOWN since Oct 21st, 2024 at 0.04138594
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04127425 | 0.04127425 | 0.04127425 | 0.04127425 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04127425 | 2024-10-26 04:48:40 |