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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Thai Baht/British Pound (FOREX:THBGBP)

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_THBGBP
Open High Low THBGBP Price Change
0.022940 0.023005 0.022925 0.023005 +0.000065
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long term trend has been DOWN since Sep 14th, 2017 at 0.022580

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2017 at 0.023025

short term down The short term trend has been DOWN since Nov 19th, 2017 at 0.022950

Smart Scan Analysis for THBGBP

Based on a pre-defined weighted trend formula for chart analysis, THBGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.022940 0.023005 0.022925 0.023005 +0.000065
Prev. Close Volume Bid Ask Time
0.022940 0.023000 0.023010 2017-11-23 06:17:45
Want to analyze Thai Baht/British Pound THBGBP or another symbol? Try our Free Forex Trend Analysis Report.