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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Singapore Dollar/Thai Baht (FOREX:SGDTHB)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SGDTHB
Open High Low SGDTHB Price Change
22.452809 22.452809 22.452809 22.452809 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDTHB

long term up The long term trend has been UP since Jan 7th, 2020 at 22.432257

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2020 at 22.393291

short term down The short term trend has been DOWN since Feb 3rd, 2020 at 22.737885

Smart Scan Analysis for SGDTHB

Based on a pre-defined weighted trend formula for chart analysis, SGDTHB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.452809 22.452809 22.452809 22.452809 0.000000
Prev. Close Volume Bid Ask Time
22.452809 21.921826 22.983792 2020-02-16 21:04:31
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