Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_THBSGD
Open High Low THBSGD Price Change
0.04448405 0.04449132 0.04436516 0.04437341 -0.00011100
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long term trend has been DOWN since Jan 7th, 2020 at 0.04456347

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2020 at 0.04471709

short term up The short term trend has been UP since Jan 20th, 2020 at 0.04439532

Smart Scan Analysis for THBSGD

Based on a pre-defined weighted trend formula for chart analysis, THBSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04448405 0.04449132 0.04436516 0.04437341 -0.00011100
Prev. Close Volume Bid Ask Time
0.04448405 0.04434973 0.04439709 2020-01-21 09:05:17
Get a free daily report for Thai Baht/Singapore Dollar (THBSGD) - Free Trend Analysis Report.