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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

Thai Baht/US Dollar (FOREX:THBUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
0.030650 0.030650 0.030565 0.030600 -0.000050
Entry Signal

MarketClub’s Trade Triangles for THBUSD

long term down The long term trend has been DOWN since May 8th, 2018 at 0.03134

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 Jun 8th, 2018 at 0.03122

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
0.030650 0.030650 0.030565 0.030600 -0.000050
Prev. Close Volume Bid Ask Time
0.030650 0.030560 0.030640 2018-06-17 17:38:50
Want to analyze Thai Baht/US Dollar THBUSD or another symbol? Try our Free Forex Trend Analysis Report.