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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_THBJPY
Open High Low THBJPY Price Change
3.6266342 3.6269016 3.6156994 3.6221867 -0.0044470
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long term trend has been UP since Sep 12th, 2019 at 3.5514000

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2020 at 3.5749628

short term up The short term trend has been UP since Jan 20th, 2020 at 3.6332170

Smart Scan Analysis for THBJPY

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

+75
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6266342 3.6269016 3.6156994 3.6221867 -0.0044470
Prev. Close Volume Bid Ask Time
3.6266342 3.6220977 3.6222756 2020-01-21 10:14:00
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