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Forex Trend Analysis Report

Prepared for you on Tuesday, May 23, 2017.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_THBJPY
Open High Low THBJPY Price Change
3.23260 3.23495 3.22520 3.23290 +0.00030
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long term trend has been UP since May 9th, 2017 at 3.2776

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2017 at 3.2503

short term up The short term trend has been UP since May 22nd, 2017 at 3.2516

Smart Scan Analysis for THBJPY

Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.23260 3.23495 3.22520 3.23290 +0.00030
Prev. Close Volume Bid Ask Time
3.23260 3.23280 3.23300 2017-05-23 08:41:25
Want to analyze Thai Baht/Japanese Yen THBJPY or another symbol? Try our Free Forex Trend Analysis Report.