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Forex Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

Thai Baht/US Dollar (FOREX:THBUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.028925 0.028925 0.028895 0.028900 -0.000025
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 up The intermediate term trend has been UP since Mar 19th, 2017 at 0.02876

short term down The short term trend has been DOWN since Apr 20th, 2017 at 0.02906

Smart Scan Analysis for THBUSD

Based on a pre-defined weighted trend formula for chart analysis, THBUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for THBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028925 0.028925 0.028895 0.028900 -0.000025
Prev. Close Volume Bid Ask Time
0.028925 0.028880 0.028920 2017-05-01 01:59:02
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