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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Thai Baht/Indian Rupee (FOREX:THBINR)

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_THBINR
Open High Low THBINR Price Change
2.25665 2.25705 2.25125 2.25355 -0.00310
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term up The long term trend has been UP since Aug 24th, 2018 at 2.14030

intermediate term up The intermediate term trend has been UP since Aug 7th, 2018 at 2.07385

short term up The short term trend has been UP since Oct 10th, 2018 at 2.26250

Smart Scan Analysis for THBINR

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

+70
Smart Scan Analysis for THBINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.25665 2.25705 2.25125 2.25355 -0.00310
Prev. Close Volume Bid Ask Time
2.25665 2.25330 2.25380 2018-10-19 05:31:07
Want to analyze Thai Baht/Indian Rupee THBINR or another symbol? Try our Free Forex Trend Analysis Report.