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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Thai Baht/Swiss Franc (FOREX:THBCHF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.030955 0.031015 0.030860 0.031000 +0.000045
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term up The long term trend has been UP since Apr 3rd, 2018 at 0.030685

intermediate term down The intermediate term trend has been DOWN since May 18th, 2018 at 0.030935

short term down The short term trend has been DOWN since May 8th, 2018 at 0.031395

Smart Scan Analysis for THBCHF

Based on a pre-defined weighted trend formula for chart analysis, THBCHF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.030955 0.031015 0.030860 0.031000 +0.000045
Prev. Close Volume Bid Ask Time
0.030955 0.031000 0.031000 2018-05-24 23:27:40
Want to analyze Thai Baht/Swiss Franc THBCHF or another symbol? Try our Free Forex Trend Analysis Report.