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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_THBSGD
Open High Low THBSGD Price Change
0.041270 0.041280 0.041125 0.041255 -0.000015
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 down The intermediate term trend has been DOWN since Jun 8th, 2018 at 0.041620

short term down The short term trend has been DOWN since Jun 21st, 2018 at 0.041255

Smart Scan Analysis for THBSGD

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

-90
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.041270 0.041280 0.041125 0.041255 -0.000015
Prev. Close Volume Bid Ask Time
0.041270 0.041250 0.041260 2018-06-22 11:28:44
Want to analyze Thai Baht/Singapore Dollar THBSGD or another symbol? Try our Free Forex Trend Analysis Report.