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Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Sidelines Mode (+55) - THBCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 10th, 2020 at 0.04313640
The intermediate-term trend has been UP since Oct 28th, 2020 at 0.04263731
The short-term trend has been DOWN since Nov 18th, 2020 at 0.04324832
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04285084 | 0.04285084 | 0.04285084 | 0.04285084 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04285084 | 2020-11-28 06:51:17 |