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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Chinese Yuan Renminbi Offshore/Thai Baht (FOREX:CNHTHB)

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_CNHTHB
Open High Low CNHTHB Price Change
4.3549 4.3549 4.3549 4.3549 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHTHB

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 4.56735

intermediate term down The intermediate term trend has been DOWN since Jun 3rd, 2019 at 4.56735

short term down The short term trend has been DOWN since Jul 29th, 2019 at 4.48490

Smart Scan Analysis for CNHTHB

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

-90
Smart Scan Analysis for CNHTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3549 4.3549 4.3549 4.3549 0.0000
Prev. Close Volume Bid Ask Time
4.3549 4.3499 4.3599 2019-08-09 10:46:19
Want to analyze Chinese Yuan Renminbi Offshore/Thai Baht CNHTHB or another symbol? Try our Free Forex Trend Analysis Report.