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Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

US Dollar/Thai Baht (FOREX:USDTHB)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
32.080000 32.174000 32.019500 32.097001 +0.017001
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long term trend has been UP since May 8th, 2018 at 31.920

intermediate term up The intermediate term trend has been UP since Apr 20th, 2018 at 31.311

short term down The short term trend has been DOWN since May 22nd, 2018 at 32.077

Smart Scan Analysis for USDTHB

Based on a pre-defined weighted trend formula for chart analysis, USDTHB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.080000 32.174000 32.019500 32.097001 +0.017001
Prev. Close Volume Bid Ask Time
32.080000 32.086000 32.108002 2018-05-23 22:09:47
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