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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Long-Term Uptrend (+90) - THBCAD is in a strong uptrend that is likely to continue. While THBCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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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 UP since Dec 3rd, 2024 at 0.04094846
The short-term trend has been UP since Dec 20th, 2024 at 0.04199427
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04196278 | 0.04196278 | 0.04196278 | 0.04196278 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04196278 | 2024-12-21 07:38:28 |