Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Thai Baht/Singapore Dollar (FOREX:THBSGD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for THBSGD
The long term trend has been UP since Oct 23rd, 2017 at 0.04114
The intermediate term trend has been UP since Jan 10th, 2018 at 0.04153
The short term trend has been UP since Mar 14th, 2018 at 0.04208
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).