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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Thai Baht/Malaysian Ringt (FOREX:THBMYR)

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_THBMYR
Open High Low THBMYR Price Change
0.127625 0.127635 0.127305 0.127375 -0.000250
Entry Signal

MarketClub’s Trade Triangles for THBMYR

long term up The long term trend has been UP since Aug 1st, 2017 at 0.128665

intermediate term up The intermediate term trend has been UP since Oct 11th, 2017 at 0.127070

short term down The short term trend has been DOWN since Oct 17th, 2017 at 0.127395

Smart Scan Analysis for THBMYR

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

+75
Smart Scan Analysis for THBMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127625 0.127635 0.127305 0.127375 -0.000250
Prev. Close Volume Bid Ask Time
0.127625 0.127300 0.127450 2017-10-18 12:41:28
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