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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Thai Baht/Canadian Dollar (FOREX:THBCAD)
Countertrend Up (+85) - THBCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Jan 21st, 2025 at 0.04242337
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.04267804
Smart Scan Analysis for THBCAD
Based on our trend formula, THBCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04247167 | 0.04256372 | 0.04247167 | 0.04256372 | +0.00009200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04247167 | 2025-02-05 02:39:33 |