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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_THBJPY
Open High Low THBJPY Price Change
3.36370 3.36370 3.34690 3.35095 -0.01275
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term down The long term trend has been DOWN since Feb 16th, 2018 at 3.3895

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2018 at 3.4089

short term down The short term trend has been DOWN since Jun 15th, 2018 at 3.4174

Smart Scan Analysis for THBJPY

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

-100
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.36370 3.36370 3.34690 3.35095 -0.01275
Prev. Close Volume Bid Ask Time
3.36370 3.35090 3.35100 2018-06-21 10:25:18
Want to analyze Thai Baht/Japanese Yen THBJPY or another symbol? Try our Free Forex Trend Analysis Report.