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.
MarketClub’s Trade Triangles for INRTHB
The long term trend has been DOWN since Jul 3rd, 2017 at 0.524400
The intermediate term trend has been DOWN since Jul 14th, 2017 at 0.523835
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).