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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.

FOREX_THBISK
Open High Low THBISK Price Change
3.39100 3.42205 3.38800 3.41960 +0.02860
Entry Signal

MarketClub’s Trade Triangles for THBISK

long term up The long term trend has been UP since Sep 4th, 2018 at 3.3437

intermediate term up The intermediate term trend has been UP since Aug 6th, 2018 at 3.2181

short term up 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).

+100
Smart Scan Analysis for THBISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.39100 3.42205 3.38800 3.41960 +0.02860
Prev. Close Volume Bid Ask Time
3.39100 3.40930 3.42990 2018-09-24 14:27:46
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