Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
/Thai Baht (FOREX:CNHTHB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for CNHTHB
The long term trend has been UP since Apr 20th, 2018 at 4.97305
The intermediate term trend has been UP since Jun 18th, 2018 at 5.02950
The short term trend has been DOWN since Jun 22nd, 2018 at 5.05785
Smart Scan Analysis for CNHTHB
Based on a pre-defined weighted trend formula for chart analysis, CNHTHB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).