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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Thai Baht/US Dollar (FOREX:THBUSD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
0.031556 0.031591 0.031476 0.031500 -0.000056
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 up The intermediate term trend has been UP since Nov 19th, 2018 at 0.030507

short term up The short term trend has been UP since Dec 27th, 2018 at 0.030833

Smart Scan Analysis for THBUSD

Based on a pre-defined weighted trend formula for chart analysis, THBUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.031556 0.031591 0.031476 0.031500 -0.000056
Prev. Close Volume Bid Ask Time
0.031556 0.031470 0.031530 2019-01-18 22:46:20
Want to analyze Thai Baht/US Dollar THBUSD or another symbol? Try our Free Forex Trend Analysis Report.