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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low THBJPY Price Change
3.30385 3.31665 3.30265 3.31090 +0.00705
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 down The intermediate term trend has been DOWN since Jul 30th, 2017 at 3.3127

short term up The short term trend has been UP since Aug 15th, 2017 at 3.3017

Smart Scan Analysis for THBJPY

Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.30385 3.31665 3.30265 3.31090 +0.00705
Prev. Close Volume Bid Ask Time
3.30385 3.31070 3.31110 2017-08-17 10:37:36
Want to analyze Thai Baht/Japanese Yen THBJPY or another symbol? Try our Free Forex Trend Analysis Report.