Forex Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
Singapore Dollar/Thai Baht (FOREX:SGDTHB)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 SGDTHB
The long term trend has been UP since May 18th, 2018 at 23.9765
The intermediate term trend has been UP since Mar 27th, 2018 at 23.8565
The short term trend has been UP since Jun 15th, 2018 at 24.1095
Smart Scan Analysis for SGDTHB
Based on a pre-defined weighted trend formula for chart analysis, SGDTHB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).