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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Thai Baht/Chinese Renminbi Yuan (FOREX:THBCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.198905 0.199325 0.198905 0.199260 +0.000355
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term down The long term trend has been DOWN since Aug 30th, 2017 at 0.198080

intermediate term down The intermediate term trend has been DOWN since Aug 21st, 2017 at 0.199845

short term up The short term trend has been UP since Sep 11th, 2017 at 0.197045

Smart Scan Analysis for THBCNY

Based on a pre-defined weighted trend formula for chart analysis, THBCNY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.198905 0.199325 0.198905 0.199260 +0.000355
Prev. Close Volume Bid Ask Time
0.198905 0.199010 0.199510 2017-09-22 18:08:40
Want to analyze Thai Baht/Chinese Renminbi Yuan THBCNY or another symbol? Try our Free Forex Trend Analysis Report.