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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Thai Baht/Icelandic Krona (FOREX:THBISK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
3.7688 3.8001 3.7548 3.7570 -0.0118
Entry Signal

MarketClub’s Trade Triangles for THBISK

long term up The long term trend has been UP since Sep 4th, 2018 at 3.34370

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 3.69695

short term up The short term trend has been UP since Dec 11th, 2018 at 3.75065

Smart Scan Analysis for THBISK

Based on a pre-defined weighted trend formula for chart analysis, THBISK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for THBISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7688 3.8001 3.7548 3.7570 -0.0118
Prev. Close Volume Bid Ask Time
3.7688 3.7467 3.7673 2018-12-14 13:06:59
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