Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Strong Downtrend (-100) - THBCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 19th, 2021 at 0.04208933
The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.04233248
The short-term trend has been DOWN since Mar 3rd, 2021 at 0.04166876
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).