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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Bear Market Rally (-75) - THBCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBCAD as it may be in the beginning 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
0.03796857 0.03796857 0.03796857 0.03796857 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term down The long-term trend has been DOWN since Feb 19th, 2021 at 0.04208933

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2021 at 0.03759436

short term down The short-term trend has been DOWN since Nov 22nd, 2021 at 0.03848871

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
0.03796857 0.03796857 0.03796857 0.03796857 0.00000000
Prev. Close Volume Bid Ask Time
0.03796857 2021-11-27 04:52:49
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