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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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
0.041911 0.041964 0.041872 0.041892 -0.000019
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term up The long term trend has been UP since Sep 3rd, 2018 at 0.041954

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 0.041996

short term up The short term trend has been UP since Dec 5th, 2018 at 0.041762

Smart Scan Analysis for THBSGD

Based on a pre-defined weighted trend formula for chart analysis, THBSGD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.041911 0.041964 0.041872 0.041892 -0.000019
Prev. Close Volume Bid Ask Time
0.041911 0.041887 0.041898 2018-12-13 10:18:34
Want to analyze Thai Baht/Singapore Dollar THBSGD or another symbol? Try our Free Forex Trend Analysis Report.