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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Thai Baht/Canadian Dollar (FOREX:THBCAD)

Strong Downtrend (-100) - THBCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.04142704 0.04142704 0.04142704 0.04142704 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 down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.04233248

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 0.04166876

Smart Scan Analysis for THBCAD

Based on our trend formula, THBCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for THBCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04142704 0.04142704 0.04142704 0.04142704 0.00000000
Prev. Close Volume Bid Ask Time
0.04142704 2021-03-07 04:29:27
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