Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Euro/Thai Baht (FOREX:EURTHB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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
38.3270 38.4000 38.3250 38.3702 +0.0432
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term down The long term trend has been DOWN since Nov 1st, 2017 at 38.515

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2017 at 39.255

short term up The short term trend has been UP since Dec 13th, 2017 at 38.515

Smart Scan Analysis for EURTHB

Based on a pre-defined weighted trend formula for chart analysis, EURTHB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.3270 38.4000 38.3250 38.3702 +0.0432
Prev. Close Volume Bid Ask Time
38.3270 38.3444 38.3960 2017-12-15 08:53:37
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