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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Thai Baht/Icelandic Krona (FOREX:THBISK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_THBISK
Open High Low THBISK Price Change
3.20595 3.21405 3.20165 3.20505 -0.00090
Entry Signal

MarketClub’s Trade Triangles for THBISK

long term up The long term trend has been UP since May 16th, 2018 at 3.23465

intermediate term down The intermediate term trend has been DOWN since Jun 26th, 2018 at 3.25710

short term down The short term trend has been DOWN since Jul 16th, 2018 at 3.20805

Smart Scan Analysis for THBISK

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

-70
Smart Scan Analysis for THBISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.20595 3.21405 3.20165 3.20505 -0.00090
Prev. Close Volume Bid Ask Time
3.20595 3.19510 3.21500 2018-07-18 14:21:43
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