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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_THBIDR
Open High Low THBIDR Price Change
449.03485 449.45989 447.49251 448.92777 -0.10708
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term down The long term trend has been DOWN since Jan 6th, 2020 at 459.34295

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 459.63747

short term up The short term trend has been UP since Jan 7th, 2020 at 463.13574

Smart Scan Analysis for THBIDR

Based on a pre-defined weighted trend formula for chart analysis, THBIDR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
449.03485 449.45989 447.49251 448.92777 -0.10708
Prev. Close Volume Bid Ask Time
449.03485 442.12021 455.73532 2020-01-21 09:00:57
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