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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

Singapore Dollar/Thai Baht (FOREX:SGDTHB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_SGDTHB
Open High Low SGDTHB Price Change
23.767 23.780 23.725 23.725 -0.042
Entry Signal

MarketClub’s Trade Triangles for SGDTHB

long term down The long term trend has been DOWN since Sep 3rd, 2018 at 23.8355

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2018 at 24.3095

short term up The short term trend has been UP since Sep 21st, 2018 at 23.8005

Smart Scan Analysis for SGDTHB

Based on a pre-defined weighted trend formula for chart analysis, SGDTHB scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.767 23.780 23.725 23.725 -0.042
Prev. Close Volume Bid Ask Time
23.767 23.709 23.741 2018-09-25 12:45:09
Want to analyze Singapore Dollar/Thai Baht SGDTHB or another symbol? Try our Free Forex Trend Analysis Report.