Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Singapore Dollar/Thai Baht (FOREX:SGDTHB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.

Open High Low SGDTHB Price Change
23.8790 23.8900 23.8135 23.8515 -0.0275
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 Dec 14th, 2018 at 23.8275

short term up The short term trend has been UP since Dec 6th, 2018 at 24.0185

Smart Scan Analysis for SGDTHB

Based on a pre-defined weighted trend formula for chart analysis, SGDTHB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.8790 23.8900 23.8135 23.8515 -0.0275
Prev. Close Volume Bid Ask Time
23.8790 23.8290 23.8740 2018-12-14 17:45:27
Want to analyze Singapore Dollar/Thai Baht SGDTHB or another symbol? Try our Free Forex Trend Analysis Report.