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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

Thai Baht/Norwegian Krone (FOREX:THBNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low THBNOK Price Change
0.24570 0.24695 0.24565 0.24670 +0.00100
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 down The intermediate term trend has been DOWN since Dec 27th, 2017 at 0.25285

short term down The short term trend has been DOWN since Jan 12th, 2018 at 0.24985

Smart Scan Analysis for THBNOK

Based on a pre-defined weighted trend formula for chart analysis, THBNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for THBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24570 0.24695 0.24565 0.24670 +0.00100
Prev. Close Volume Bid Ask Time
0.24570 0.24650 0.24690 2018-01-19 13:04:43
Want to analyze Thai Baht/Norwegian Krone THBNOK or another symbol? Try our Free Forex Trend Analysis Report.