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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Euro/Thai Baht (FOREX:EURTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_EURTHB
Open High Low EURTHB Price Change
33.5718 33.6140 33.5718 33.6140 +0.0422
Entry Signal

MarketClub’s Trade Triangles for EURTHB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 37.415

intermediate term down The intermediate term trend has been DOWN since Aug 23rd, 2019 at 34.002

short term up The short term trend has been UP since Oct 13th, 2019 at 33.540

Smart Scan Analysis for EURTHB

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

-55
Smart Scan Analysis for EURTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.5718 33.6140 33.5718 33.6140 +0.0422
Prev. Close Volume Bid Ask Time
33.5718 33.5790 33.6490 2019-10-13 05:45:07
Want to analyze Euro/Thai Baht EURTHB or another symbol? Try our Free Forex Trend Analysis Report.