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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Bull Market Weakness (+75) - THBCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBCAD as it may be in the beginning stages of a reversal.

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.

FOREX_THBCAD
Open High Low THBCAD Price Change
0.03775773 0.03775773 0.03775773 0.03775773 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term up The long-term trend has been UP since Jul 16th, 2024 at 0.03794587

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 0.03745577

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 0.03774536

Smart Scan Analysis for THBCAD

Based on our trend formula, THBCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03775773 0.03775773 0.03775773 0.03775773 0.00000000
Prev. Close Volume Bid Ask Time
0.03775773 2024-07-20 06:52:22
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