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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Thai Baht/Hong Kong Dollar (FOREX:THBHKD)

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_THBHKD
Open High Low THBHKD Price Change
0.240965 0.241240 0.240915 0.241095 +0.000130
Entry Signal

MarketClub’s Trade Triangles for THBHKD

long term down The long term trend has been DOWN since May 8th, 2018 at 0.244905

intermediate term up The intermediate term trend has been UP since Aug 20th, 2018 at 0.237120

short term up The short term trend has been UP since Sep 11th, 2018 at 0.239595

Smart Scan Analysis for THBHKD

Based on a pre-defined weighted trend formula for chart analysis, THBHKD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for THBHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.240965 0.241240 0.240915 0.241095 +0.000130
Prev. Close Volume Bid Ask Time
0.240965 0.241030 0.241160 2018-09-19 02:42:59
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