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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 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
2.18135 2.21350 2.16875 2.21170 +0.03035
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 2.11370

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 2.20385

short term up The short term trend has been UP since Dec 3rd, 2018 at 2.13475

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
2.18135 2.21350 2.16875 2.21170 +0.03035
Prev. Close Volume Bid Ask Time
2.18135 2.21060 2.21280 2018-12-10 19:39:59
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