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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Euro/Thai Baht (FOREX:EURTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_EURTHB
Open High Low EURTHB Price Change
37.1300 37.2785 37.0835 37.2135 +0.0835
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 37.415

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 37.773

short term down The short term trend has been DOWN since Nov 8th, 2018 at 37.451

Smart Scan Analysis for EURTHB

Based on a pre-defined weighted trend formula for chart analysis, EURTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.1300 37.2785 37.0835 37.2135 +0.0835
Prev. Close Volume Bid Ask Time
37.1300 37.1880 37.2390 2018-11-14 06:06:25
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