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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Singapore Dollar/Thai Baht (FOREX:SGDTHB)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_SGDTHB
Open High Low SGDTHB Price Change
22.606828 22.657655 22.529605 22.529605 -0.077223
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 up The intermediate term trend has been UP since Jan 7th, 2020 at 22.390730

short term up The short term trend has been UP since Jan 13th, 2020 at 22.446613

Smart Scan Analysis for SGDTHB

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

+100
Smart Scan Analysis for SGDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.606828 22.657655 22.529605 22.529605 -0.077223
Prev. Close Volume Bid Ask Time
22.606828 22.506189 22.553021 2020-01-17 16:32:24
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