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.
MarketClub’s Trade Triangles for THBUSD
The long term trend has been UP since Oct 1st, 2018 at 0.031012
The intermediate term trend has been UP since Nov 19th, 2018 at 0.030507
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).