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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Indian Rupee/Thai Baht (FOREX:INRTHB)

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_INRTHB
Open High Low INRTHB Price Change
0.51818 0.51872 0.51793 0.51872 +0.00054
Entry Signal

MarketClub’s Trade Triangles for INRTHB

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 0.524400

intermediate term down The intermediate term trend has been DOWN since Jul 14th, 2017 at 0.523835

short term down The short term trend has been DOWN since Aug 10th, 2017 at 0.520245

Smart Scan Analysis for INRTHB

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

-90
Smart Scan Analysis for INRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51818 0.51872 0.51793 0.51872 +0.00054
Prev. Close Volume Bid Ask Time
0.51818 0.51850 0.51894 2017-08-17 13:30:44
Want to analyze Indian Rupee/Thai Baht INRTHB or another symbol? Try our Free Forex Trend Analysis Report.