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Forex Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.040580 0.040720 0.040555 0.040625 +0.000045
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term up The long term trend has been UP since Oct 24th, 2017 at 0.038780

intermediate term up The intermediate term trend has been UP since Feb 1st, 2018 at 0.039825

short term up The short term trend has been UP since Feb 21st, 2018 at 0.040435

Smart Scan Analysis for THBAUD

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

+100
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.040580 0.040720 0.040555 0.040625 +0.000045
Prev. Close Volume Bid Ask Time
0.040580 0.040620 0.040630 2018-02-23 21:16:16
Want to analyze Thai Baht/Australian Dollar THBAUD or another symbol? Try our Free Forex Trend Analysis Report.