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Forex Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

Thai Baht/US Dollar (FOREX:THBUSD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.030075 0.030130 0.030075 0.030105 +0.000030
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term up The long term trend has been UP since Feb 5th, 2017 at 0.028680

intermediate term up The intermediate term trend has been UP since Jul 14th, 2017 at 0.029510

short term up The short term trend has been UP since Aug 18th, 2017 at 0.030085

Smart Scan Analysis for THBUSD

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

+100
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.030075 0.030130 0.030075 0.030105 +0.000030
Prev. Close Volume Bid Ask Time
0.030075 0.030080 0.030130 2017-08-18 23:41:43
Want to analyze Thai Baht/US Dollar THBUSD or another symbol? Try our Free Forex Trend Analysis Report.