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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

British Pound/Thai Baht (FOREX:GBPTHB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPTHB
Open High Low GBPTHB Price Change
42.229216 42.274799 42.206536 42.206536 -0.022680
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 down The intermediate term trend has been DOWN since Aug 2nd, 2018 at 43.405000

short term down The short term trend has been DOWN since Jul 27th, 2018 at 43.698500

Smart Scan Analysis for GBPTHB

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

-100
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.229216 42.274799 42.206536 42.206536 -0.022680
Prev. Close Volume Bid Ask Time
42.229216 42.192286 42.220785 2018-08-20 04:30:14
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