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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

British Pound/Thai Baht (FOREX:GBPTHB)

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.

FOREX_GBPTHB
Open High Low GBPTHB Price Change
40.211574 40.384073 40.184916 40.297608 +0.086034
Entry Signal

MarketClub’s Trade Triangles for GBPTHB

long term up The long term trend has been UP since Oct 16th, 2019 at 38.912000

intermediate term up The intermediate term trend has been UP since Jan 22nd, 2020 at 40.001218

short term up The short term trend has been UP since Jan 22nd, 2020 at 39.748426

Smart Scan Analysis for GBPTHB

Based on a pre-defined weighted trend formula for chart analysis, GBPTHB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for GBPTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.211574 40.384073 40.184916 40.297608 +0.086034
Prev. Close Volume Bid Ask Time
40.211574 40.286745 40.308470 2020-01-29 07:43:04
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