Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

Thai Baht/Euro (FOREX:THBEUR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
0.025550 0.025625 0.025515 0.025515 -0.000035
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term down The long term trend has been DOWN since May 4th, 2017 at 0.026360

intermediate term up The intermediate term trend has been UP since Sep 25th, 2017 at 0.025445

short term down The short term trend has been DOWN since Oct 18th, 2017 at 0.025585

Smart Scan Analysis for THBEUR

Based on a pre-defined weighted trend formula for chart analysis, THBEUR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for THBEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025550 0.025625 0.025515 0.025515 -0.000035
Prev. Close Volume Bid Ask Time
0.025550 0.025500 0.025530 2017-10-19 10:17:25
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