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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.

FOREX_THBCAD
Open High Low THBCAD Price Change
0.04285084 0.04285084 0.04285084 0.04285084 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBCAD

long term up The long-term trend has been UP since Nov 10th, 2020 at 0.04313640

intermediate term up The intermediate-term trend has been UP since Oct 28th, 2020 at 0.04263731

short term down 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).

+55
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways 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
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