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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Thai Baht/US Dollar (FOREX:THBUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_THBUSD
Open High Low THBUSD Price Change
0.030420 0.030423 0.030395 0.030398 -0.000022
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term up The long term trend has been UP since Oct 1st, 2018 at 0.031012

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 0.030405

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 0.030609

Smart Scan Analysis for THBUSD

Based on a pre-defined weighted trend formula for chart analysis, THBUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.030420 0.030423 0.030395 0.030398 -0.000022
Prev. Close Volume Bid Ask Time
0.030420 0.030391 0.030404 2018-10-23 00:47:22
Want to analyze Thai Baht/US Dollar THBUSD or another symbol? Try our Free Forex Trend Analysis Report.