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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

British Pound/Thai Baht (FOREX:GBPTHB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPTHB
Open High Low GBPTHB Price Change
42.500739 42.642500 42.382000 42.601331 +0.100592
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term down The long term trend has been DOWN since May 1st, 2018 at 43.260438

intermediate term up The intermediate term trend has been UP since Oct 5th, 2018 at 43.031530

short term down The short term trend has been DOWN since Oct 12th, 2018 at 43.052500

Smart Scan Analysis for GBPTHB

Based on a pre-defined weighted trend formula for chart analysis, GBPTHB scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.500739 42.642500 42.382000 42.601331 +0.100592
Prev. Close Volume Bid Ask Time
42.500739 42.573542 42.629120 2018-10-19 18:32:13
Want to analyze British Pound/Thai Baht GBPTHB or another symbol? Try our Free Forex Trend Analysis Report.