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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_THBJPY
Open High Low THBJPY Price Change
3.46175 3.46175 3.46175 3.46175 0.00000
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long term trend has been UP since May 9th, 2017 at 3.27760

intermediate term up The intermediate term trend has been UP since Dec 1st, 2017 at 3.45395

short term down The short term trend has been DOWN since Dec 13th, 2017 at 3.47380

Smart Scan Analysis for THBJPY

Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.46175 3.46175 3.46175 3.46175 0.00000
Prev. Close Volume Bid Ask Time
3.46175 3.46120 3.46230 2017-12-16 13:25:16
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