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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Euro/Thai Baht (FOREX:EURTHB)

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_EURTHB
Open High Low EURTHB Price Change
37.800 37.900 37.773 37.880 +0.080
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term up The long term trend has been UP since Jul 3rd, 2018 at 38.7250

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 38.7045

short term down The short term trend has been DOWN since Sep 18th, 2018 at 37.9520

Smart Scan Analysis for EURTHB

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

-60
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.800 37.900 37.773 37.880 +0.080
Prev. Close Volume Bid Ask Time
37.8 37.869 37.891 2018-09-20 06:32:01
Want to analyze Euro/Thai Baht EURTHB or another symbol? Try our Free Forex Trend Analysis Report.