Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Singapore Dollar/Thai Baht (FOREX:SGDTHB)

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_SGDTHB
Open High Low SGDTHB Price Change
24.1275 24.1475 24.1275 24.1350 +0.0075
Entry Signal

MarketClub’s Trade Triangles for SGDTHB

long term down The long term trend has been DOWN since Oct 27th, 2017 at 24.3035

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2017 at 24.4760

short term down The short term trend has been DOWN since Dec 6th, 2017 at 24.1695

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).

-90
Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.1275 24.1475 24.1275 24.1350 +0.0075
Prev. Close Volume Bid Ask Time
24.1275 24.0880 24.1820 2017-12-11 04:24:17
Want to analyze Singapore Dollar/Thai Baht SGDTHB or another symbol? Try our Free Forex Trend Analysis Report.