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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

South Korean Won/Thai Baht (FOREX:KRWTHB)

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_KRWTHB
Open High Low KRWTHB Price Change
2.6282284 2.6325131 2.6238469 2.6252853 -0.0029430
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term up The long term trend has been UP since Nov 5th, 2019 at 2.6070500

intermediate term up The intermediate term trend has been UP since Jan 8th, 2020 at 2.6082667

short term up The short term trend has been UP since Jan 28th, 2020 at 2.6183056

Smart Scan Analysis for KRWTHB

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

+90
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6282284 2.6325131 2.6238469 2.6252853 -0.0029430
Prev. Close Volume Bid Ask Time
2.6282284 2.6225868 2.6279837 2020-01-29 07:33:24
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