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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Thai Baht/Euro (FOREX:THBEUR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
0.026897 0.026926 0.026818 0.026821 -0.000076
Entry Signal

MarketClub’s Trade Triangles for THBEUR

long term up The long term trend has been UP since Oct 1st, 2018 at 0.026704

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.026474

short term down The short term trend has been DOWN since Dec 18th, 2018 at 0.026842

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
0.026897 0.026926 0.026818 0.026821 -0.000076
Prev. Close Volume Bid Ask Time
0.026897 0.026802 0.026840 2018-12-18 06:43:34
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