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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

/Thai Baht (FOREX:CNHTHB)

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_CNHTHB
Open High Low CNHTHB Price Change
4.7048 4.7048 4.7048 4.7048 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHTHB

long term down The long term trend has been DOWN since Aug 8th, 2018 at 4.99290

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 4.75540

short term up The short term trend has been UP since Oct 10th, 2018 at 4.70315

Smart Scan Analysis for CNHTHB

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

-60
Smart Scan Analysis for CNHTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7048 4.7048 4.7048 4.7048 0.0000
Prev. Close Volume Bid Ask Time
4.7048 4.7043 4.7053 2018-10-18 18:03:43
Want to analyze /Thai Baht CNHTHB or another symbol? Try our Free Forex Trend Analysis Report.