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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Thai Baht/Norwegian Krone (FOREX:THBNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_THBNOK
Open High Low THBNOK Price Change
0.24615 0.24665 0.24530 0.24550 -0.00065
Entry Signal

MarketClub’s Trade Triangles for THBNOK

long term down The long term trend has been DOWN since Jun 22nd, 2018 at 0.24575

intermediate term down The intermediate term trend has been DOWN since Jun 11th, 2018 at 0.25045

short term up The short term trend has been UP since Jul 12th, 2018 at 0.24275

Smart Scan Analysis for THBNOK

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

-55
Smart Scan Analysis for THBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24615 0.24665 0.24530 0.24550 -0.00065
Prev. Close Volume Bid Ask Time
0.24615 0.24530 0.24570 2018-07-20 14:12:19
Want to analyze Thai Baht/Norwegian Krone THBNOK or another symbol? Try our Free Forex Trend Analysis Report.