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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Thai Baht/South African Rand (FOREX:THBZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low THBZAR Price Change
0.433325 0.436760 0.432515 0.435890 +0.002565
Entry Signal

MarketClub’s Trade Triangles for THBZAR

long term up The long term trend has been UP since Apr 23rd, 2018 at 0.390675

intermediate term down The intermediate term trend has been DOWN since Jan 11th, 2019 at 0.431695

short term up The short term trend has been UP since Jan 18th, 2019 at 0.435125

Smart Scan Analysis for THBZAR

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

Smart Scan Analysis for THBZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.433325 0.436760 0.432515 0.435890 +0.002565
Prev. Close Volume Bid Ask Time
0.433325 0.434990 0.436790 2019-01-18 18:06:37
Want to analyze Thai Baht/South African Rand THBZAR or another symbol? Try our Free Forex Trend Analysis Report.