Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
Thai Baht/Swiss Franc (FOREX:THBCHF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for THBCHF
The long term trend has been DOWN since Jul 3rd, 2018 at 0.029875
The intermediate term trend has been UP since Aug 16th, 2018 at 0.030014
The short term trend has been UP since Aug 15th, 2018 at 0.029918
Smart Scan Analysis for THBCHF
Based on a pre-defined weighted trend formula for chart analysis, THBCHF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).