Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Thai Baht/US Dollar (FOREX:THBUSD)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
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MarketClub’s Trade Triangles for THBUSD
The long term trend has been DOWN since Jan 26th, 2020 at 0.03259300
The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.03299860
The short term trend has been DOWN since Jan 22nd, 2020 at 0.03286231
Smart Scan Analysis for THBUSD
Based on a pre-defined weighted trend formula for chart analysis, THBUSD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03239391 | 0.03239391 | 0.03223727 | 0.03224767 | -0.00014600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03239391 | 0.03223727 | 0.03225807 | 2020-01-29 06:07:14 |