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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
3.45310 3.45425 3.44400 3.44615 -0.00695
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 3.36545

intermediate term up The intermediate term trend has been UP since Jan 16th, 2019 at 3.42030

short term up The short term trend has been UP since Jan 15th, 2019 at 3.40740

Smart Scan Analysis for THBJPY

Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.45310 3.45425 3.44400 3.44615 -0.00695
Prev. Close Volume Bid Ask Time
3.45310 3.44560 3.44670 2019-01-21 16:39:22
Want to analyze Thai Baht/Japanese Yen THBJPY or another symbol? Try our Free Forex Trend Analysis Report.