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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Chinese Renminbi Yuan/Thai Baht (FOREX:CNYTHB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.

Open High Low CNYTHB Price Change
4.71370 4.72215 4.70760 4.71800 +0.00430
Entry Signal

MarketClub’s Trade Triangles for CNYTHB

long term down The long term trend has been DOWN since Jun 21st, 2018 at 5.06595

intermediate term up The intermediate term trend has been UP since Feb 26th, 2019 at 4.68680

short term down The short term trend has been DOWN since Mar 18th, 2019 at 4.71125

Smart Scan Analysis for CNYTHB

Based on a pre-defined weighted trend formula for chart analysis, CNYTHB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CNYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.71370 4.72215 4.70760 4.71800 +0.00430
Prev. Close Volume Bid Ask Time
4.71370 4.71470 4.72130 2019-03-19 13:01:31
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