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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Swiss Franc/Thai Baht (FOREX:CHFTHB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_CHFTHB
Open High Low CHFTHB Price Change
33.0040 33.0835 32.9390 32.9530 -0.0510
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 32.8970

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 33.2585

short term up The short term trend has been UP since Dec 17th, 2018 at 33.0080

Smart Scan Analysis for CHFTHB

Based on a pre-defined weighted trend formula for chart analysis, CHFTHB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.0040 33.0835 32.9390 32.9530 -0.0510
Prev. Close Volume Bid Ask Time
33.0040 32.9220 32.9840 2018-12-18 22:39:58
Want to analyze Swiss Franc/Thai Baht CHFTHB or another symbol? Try our Free Forex Trend Analysis Report.