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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Australian Dollar/Thai Baht (FOREX:AUDTHB)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AUDTHB
Open High Low AUDTHB Price Change
24.6135 24.7645 24.5805 24.7440 +0.1305
Entry Signal

MarketClub’s Trade Triangles for AUDTHB

long term up The long term trend has been UP since Jul 1st, 2018 at 24.512

intermediate term up The intermediate term trend has been UP since May 17th, 2018 at 24.133

short term up The short term trend has been UP since Jul 19th, 2018 at 24.800

Smart Scan Analysis for AUDTHB

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

+100
Smart Scan Analysis for AUDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.6135 24.7645 24.5805 24.7440 +0.1305
Prev. Close Volume Bid Ask Time
24.6135 24.7220 24.7660 2018-07-20 18:06:12
Want to analyze Australian Dollar/Thai Baht AUDTHB or another symbol? Try our Free Forex Trend Analysis Report.