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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Thai Baht/British Pound (FOREX:THBGBP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_THBGBP
Open High Low THBGBP Price Change
0.024233 0.024256 0.024099 0.024124 -0.000109
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.023120

intermediate term up The intermediate term trend has been UP since Nov 15th, 2018 at 0.023723

short term up The short term trend has been UP since Dec 10th, 2018 at 0.024005

Smart Scan Analysis for THBGBP

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

+100
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024233 0.024256 0.024099 0.024124 -0.000109
Prev. Close Volume Bid Ask Time
0.024233 0.024121 0.024127 2018-12-13 18:26:37
Want to analyze Thai Baht/British Pound THBGBP or another symbol? Try our Free Forex Trend Analysis Report.