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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Thai Baht/US Dollar (FOREX:THBUSD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
0.030497 0.030618 0.030488 0.030618 +0.000121
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long term trend has been DOWN since May 8th, 2018 at 0.031340

intermediate term up The intermediate term trend has been UP since Aug 20th, 2018 at 0.030203

short term up The short term trend has been UP since Aug 16th, 2018 at 0.030084

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
0.030497 0.030618 0.030488 0.030618 +0.000121
Prev. Close Volume Bid Ask Time
0.030497 0.030606 0.030631 2018-08-21 12:25:44
Want to analyze Thai Baht/US Dollar THBUSD or another symbol? Try our Free Forex Trend Analysis Report.