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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.038005 0.038005 0.037935 0.037935 -0.000070
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long term trend has been DOWN since Jul 13th, 2017 at 0.038115

intermediate term down The intermediate term trend has been DOWN since Aug 28th, 2017 at 0.037845

short term up The short term trend has been UP since Sep 21st, 2017 at 0.038040

Smart Scan Analysis for THBAUD

Based on a pre-defined weighted trend formula for chart analysis, THBAUD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.038005 0.038005 0.037935 0.037935 -0.000070
Prev. Close Volume Bid Ask Time
0.038005 0.037910 0.037960 2017-09-24 15:25:02
Want to analyze Thai Baht/Australian Dollar THBAUD or another symbol? Try our Free Forex Trend Analysis Report.