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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

Thai Baht/Euro (FOREX:THBEUR)

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_THBEUR
Open High Low THBEUR Price Change
0.02605 0.02605 0.02605 0.02605 0.00000
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term up The long term trend has been UP since Oct 27th, 2017 at 0.025955

intermediate term down The intermediate term trend has been DOWN since Jun 13th, 2018 at 0.026365

short term down The short term trend has been DOWN since Jun 14th, 2018 at 0.026360

Smart Scan Analysis for THBEUR

Based on a pre-defined weighted trend formula for chart analysis, THBEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02605 0.02605 0.02605 0.02605 0.00000
Prev. Close Volume Bid Ask Time
0.02605 0.02603 0.02607 2018-06-24 14:13:48
Want to analyze Thai Baht/Euro THBEUR or another symbol? Try our Free Forex Trend Analysis Report.