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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Thai Baht/Norwegian Krone (FOREX:THBNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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
0.26040 0.26135 0.25955 0.26130 +0.00090
Entry Signal

MarketClub’s Trade Triangles for THBNOK

long term up The long term trend has been UP since Nov 13th, 2018 at 0.25815

intermediate term up The intermediate term trend has been UP since Oct 19th, 2018 at 0.25355

short term up The short term trend has been UP since Dec 11th, 2018 at 0.26110

Smart Scan Analysis for THBNOK

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

+100
Smart Scan Analysis for THBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26040 0.26135 0.25955 0.26130 +0.00090
Prev. Close Volume Bid Ask Time
0.26040 0.26110 0.26150 2018-12-11 13:03:13
Want to analyze Thai Baht/Norwegian Krone THBNOK or another symbol? Try our Free Forex Trend Analysis Report.