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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Indian Rupee/Thai Baht (FOREX:INRTHB)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_INRTHB
Open High Low INRTHB Price Change
0.42812274 0.42812274 0.42812274 0.42812274 0.00000000
Entry Signal

MarketClub’s Trade Triangles for INRTHB

long term down The long term trend has been DOWN since Aug 21st, 2018 at 0.46778500

intermediate term up The intermediate term trend has been UP since Jan 12th, 2020 at 0.42672715

short term up The short term trend has been UP since Jan 23rd, 2020 at 0.42844730

Smart Scan Analysis for INRTHB

Based on a pre-defined weighted trend formula for chart analysis, INRTHB scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for INRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42812274 0.42812274 0.42812274 0.42812274 0.00000000
Prev. Close Volume Bid Ask Time
0.42812274 0.42767767 0.42856780 2020-01-25 12:34:20
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