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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Thai Baht/New Taiwan Dollar (FOREX:THBTWD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_THBTWD
Open High Low THBTWD Price Change
0.972535 0.972535 0.972535 0.972535 0.000000
Entry Signal

MarketClub’s Trade Triangles for THBTWD

long term up The long term trend has been UP since Sep 2nd, 2018 at 0.93921

intermediate term up The intermediate term trend has been UP since Nov 19th, 2018 at 0.93784

short term up The short term trend has been UP since Jan 10th, 2019 at 0.96256

Smart Scan Analysis for THBTWD

Based on a pre-defined weighted trend formula for chart analysis, THBTWD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for THBTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.972535 0.972535 0.972535 0.972535 0.000000
Prev. Close Volume Bid Ask Time
0.972535 0.944870 1.000200 2019-01-20 20:07:38
Want to analyze Thai Baht/New Taiwan Dollar THBTWD or another symbol? Try our Free Forex Trend Analysis Report.