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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

Thai Baht/Chinese Renminbi Yuan (FOREX:THBCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
0.202335 0.202335 0.201070 0.201070 -0.001265
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term up The long term trend has been UP since Dec 4th, 2017 at 0.20311

intermediate term up The intermediate term trend has been UP since Jan 11th, 2018 at 0.20330

short term down The short term trend has been DOWN since Jan 19th, 2018 at 0.20097

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
0.202335 0.202335 0.201070 0.201070 -0.001265
Prev. Close Volume Bid Ask Time
0.202335 0.200810 0.201330 2018-01-20 17:53:15
Want to analyze Thai Baht/Chinese Renminbi Yuan THBCNY or another symbol? Try our Free Forex Trend Analysis Report.