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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Thai Baht/Norwegian Krone (FOREX:THBNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_THBNOK
Open High Low THBNOK Price Change
0.24955 0.25185 0.24925 0.25130 +0.00175
Entry Signal

MarketClub’s Trade Triangles for THBNOK

long term up The long term trend has been UP since Nov 7th, 2017 at 0.24685

intermediate term up The intermediate term trend has been UP since Sep 14th, 2017 at 0.23865

short term up The short term trend has been UP since Nov 13th, 2017 at 0.24735

Smart Scan Analysis for THBNOK

Based on a pre-defined weighted trend formula for chart analysis, THBNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for THBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24955 0.25185 0.24925 0.25130 +0.00175
Prev. Close Volume Bid Ask Time
0.24955 0.25110 0.25150 2017-11-17 13:42:36
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