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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Swiss Franc/Thai Baht (FOREX:CHFTHB)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_CHFTHB
Open High Low CHFTHB Price Change
30.648018 30.648018 30.648018 30.648018 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term down The long term trend has been DOWN since Aug 30th, 2019 at 30.870500

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 30.621310

short term up The short term trend has been UP since Dec 2nd, 2019 at 30.289081

Smart Scan Analysis for CHFTHB

Based on a pre-defined weighted trend formula for chart analysis, CHFTHB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.648018 30.648018 30.648018 30.648018 0.000000
Prev. Close Volume Bid Ask Time
30.648018 30.616064 30.679972 2019-12-07 12:05:58
Want to analyze Swiss Franc/Thai Baht CHFTHB or another symbol? Try our Free Forex Trend Analysis Report.