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Forex Trend Analysis Report

Prepared for you on Sunday, February 25, 2018.

US Dollar/Thai Baht (FOREX:USDTHB)

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_USDTHB
Open High Low USDTHB Price Change
31.4780 31.4785 31.4255 31.4255 -0.0525
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term down The long term trend has been DOWN since Feb 24th, 2017 at 34.855

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2018 at 32.440

short term down The short term trend has been DOWN since Feb 23rd, 2018 at 31.420

Smart Scan Analysis for USDTHB

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

-100
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.4780 31.4785 31.4255 31.4255 -0.0525
Prev. Close Volume Bid Ask Time
31.4780 30.7760 32.0750 2018-02-25 02:25:53
Want to analyze US Dollar/Thai Baht USDTHB or another symbol? Try our Free Forex Trend Analysis Report.