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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Thai Baht/US Dollar (FOREX:THBUSD)

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_THBUSD
Open High Low THBUSD Price Change
0.031775 0.031790 0.031645 0.031660 -0.000115
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term up The long term trend has been UP since Feb 5th, 2017 at 0.02868

intermediate term down The intermediate term trend has been DOWN since Apr 20th, 2018 at 0.03195

short term down The short term trend has been DOWN since Apr 16th, 2018 at 0.03201

Smart Scan Analysis for THBUSD

Based on a pre-defined weighted trend formula for chart analysis, THBUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.031775 0.031790 0.031645 0.031660 -0.000115
Prev. Close Volume Bid Ask Time
0.031775 0.031650 0.031670 2018-04-25 14:13:58
Want to analyze Thai Baht/US Dollar THBUSD or another symbol? Try our Free Forex Trend Analysis Report.