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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBCAD
Open High Low THBCAD Price Change
0.042396 0.042398 0.042317 0.042393 -0.000003
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term up The long term trend has been UP since Nov 20th, 2018 at 0.040324

intermediate term up The intermediate term trend has been UP since Nov 13th, 2018 at 0.040223

short term down The short term trend has been DOWN since Feb 14th, 2019 at 0.042181

Smart Scan Analysis for THBCAD

Based on a pre-defined weighted trend formula for chart analysis, THBCAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.042396 0.042398 0.042317 0.042393 -0.000003
Prev. Close Volume Bid Ask Time
0.042396 0.042391 0.042395 2019-02-18 06:52:23
Want to analyze Thai Baht/Canadian Dollar THBCAD or another symbol? Try our Free Forex Trend Analysis Report.