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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
0.042041 0.042049 0.041929 0.041976 -0.000065
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 down The short term trend has been DOWN since Oct 22nd, 2018 at 0.042215

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
0.042041 0.042049 0.041929 0.041976 -0.000065
Prev. Close Volume Bid Ask Time
0.042041 0.041972 0.041980 2018-10-23 05:22:01
Want to analyze Thai Baht/Singapore Dollar THBSGD or another symbol? Try our Free Forex Trend Analysis Report.