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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Chinese Yuan Renminbi Offshore/Thai Baht (FOREX:CNHTHB)

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_CNHTHB
Open High Low CNHTHB Price Change
4.41175 4.41175 4.41175 4.41175 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNHTHB

long term up The long term trend has been UP since Jan 8th, 2020 at 4.3779

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 4.3350

short term up The short term trend has been UP since Jan 7th, 2020 at 4.3350

Smart Scan Analysis for CNHTHB

Based on a pre-defined weighted trend formula for chart analysis, CNHTHB scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CNHTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.41175 4.41175 4.41175 4.41175 0.00000
Prev. Close Volume Bid Ask Time
4.41175 4.39650 4.42700 2020-01-21 17:42:32
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