Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Thai Baht/Icelandic Krona (FOREX:THBISK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for THBISK
The long term trend has been UP since Sep 4th, 2018 at 3.3437
The intermediate term trend has been UP since Aug 6th, 2018 at 3.2181
The short term trend has been UP since Sep 20th, 2018 at 3.4144
Smart Scan Analysis for THBISK
Based on a pre-defined weighted trend formula for chart analysis, THBISK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).