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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

US Dollar/Thai Baht (FOREX:USDTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
30.37 30.37 30.28 30.32 -0.05
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 up The intermediate term trend has been UP since Nov 10th, 2019 at 30.4600

short term down The short term trend has been DOWN since Dec 9th, 2019 at 30.3100

Smart Scan Analysis for USDTHB

Based on a pre-defined weighted trend formula for chart analysis, USDTHB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.37 30.37 30.28 30.32 -0.05
Prev. Close Volume Bid Ask Time
30.37 30.31 30.33 2019-12-09 14:33:17
Want to analyze US Dollar/Thai Baht USDTHB or another symbol? Try our Free Forex Trend Analysis Report.