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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Thai Baht (FOREX:USDTHB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_USDTHB
Open High Low USDTHB Price Change
31.168881 31.230000 31.160000 31.200000 +0.031119
Entry Signal

MarketClub’s Trade Triangles for USDTHB

long term up The long term trend has been UP since Jan 26th, 2020 at 30.690

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 30.305

short term down The short term trend has been DOWN since Feb 11th, 2020 at 31.170

Smart Scan Analysis for USDTHB

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

+85
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.168881 31.230000 31.160000 31.200000 +0.031119
Prev. Close Volume Bid Ask Time
31.168881 31.190000 31.210000 2020-02-17 02:34:09
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