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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

FOREX_THBSGD
Open High Low THBSGD Price Change
0.041360 0.041360 0.041313 0.041337 -0.000023
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long term trend has been DOWN since May 18th, 2018 at 0.041690

intermediate term up The intermediate term trend has been UP since Aug 1st, 2018 at 0.041086

short term up The short term trend has been UP since Aug 9th, 2018 at 0.041124

Smart Scan Analysis for THBSGD

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

+60
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.041360 0.041360 0.041313 0.041337 -0.000023
Prev. Close Volume Bid Ask Time
0.041360 0.041295 0.041380 2018-08-19 15:05:24
Want to analyze Thai Baht/Singapore Dollar THBSGD or another symbol? Try our Free Forex Trend Analysis Report.