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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Thai Baht/Chinese Renminbi Yuan (FOREX:THBCNY)

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_THBCNY
Open High Low THBCNY Price Change
0.20024 0.20024 0.20024 0.20024 0.00000
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term down The long term trend has been DOWN since Feb 6th, 2018 at 0.199080

intermediate term down The intermediate term trend has been DOWN since Mar 26th, 2018 at 0.201170

short term up The short term trend has been UP since May 24th, 2018 at 0.199405

Smart Scan Analysis for THBCNY

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

-65
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20024 0.20024 0.20024 0.20024 0.00000
Prev. Close Volume Bid Ask Time
0.20024 0.19997 0.20051 2018-05-27 07:25:53
Want to analyze Thai Baht/Chinese Renminbi Yuan THBCNY or another symbol? Try our Free Forex Trend Analysis Report.