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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

US Dollar/Thai Baht (FOREX:USDTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

FOREX_USDTHB
Open High Low USDTHB Price Change
31.2635 31.2640 31.2635 31.2640 +0.0005
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 32.2465

intermediate term down The intermediate term trend has been DOWN since Nov 18th, 2018 at 32.7700

short term down The short term trend has been DOWN since Feb 12th, 2019 at 31.3200

Smart Scan Analysis for USDTHB

Based on a pre-defined weighted trend formula for chart analysis, USDTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.2635 31.2640 31.2635 31.2640 +0.0005
Prev. Close Volume Bid Ask Time
31.2635 31.2330 31.2950 2019-02-16 10:43:22
Want to analyze US Dollar/Thai Baht USDTHB or another symbol? Try our Free Forex Trend Analysis Report.