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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Thai Baht/British Pound (FOREX:THBGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_THBGBP
Open High Low THBGBP Price Change
0.023527 0.023599 0.023466 0.023514 -0.000013
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 down The intermediate term trend has been DOWN since Oct 5th, 2018 at 0.023237

short term up The short term trend has been UP since Oct 12th, 2018 at 0.023225

Smart Scan Analysis for THBGBP

Based on a pre-defined weighted trend formula for chart analysis, THBGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.023527 0.023599 0.023466 0.023514 -0.000013
Prev. Close Volume Bid Ask Time
0.023527 0.023510 0.023518 2018-10-19 23:04:59
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