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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.

FOREX_THBCHF
Open High Low THBCHF Price Change
0.030019 0.030047 0.029913 0.030012 -0.000007
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term down The long term trend has been DOWN since Jul 3rd, 2018 at 0.029875

intermediate term up The intermediate term trend has been UP since Aug 16th, 2018 at 0.030014

short term up 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).

+70
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.030019 0.030047 0.029913 0.030012 -0.000007
Prev. Close Volume Bid Ask Time
0.030019 0.030008 0.030016 2018-08-17 18:33:30
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