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Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

Thai Baht/Swiss Franc (FOREX:THBCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_THBCHF
Open High Low THBCHF Price Change
0.03271991 0.03279653 0.03255714 0.03258696 -0.00013300
Entry Signal

MarketClub’s Trade Triangles for THBCHF

long term up The long term trend has been UP since Sep 2nd, 2019 at 0.032403

intermediate term up The intermediate term trend has been UP since Aug 27th, 2019 at 0.032155

short term down The short term trend has been DOWN since Oct 17th, 2019 at 0.032669

Smart Scan Analysis for THBCHF

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

+55
Smart Scan Analysis for THBCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03271991 0.03279653 0.03255714 0.03258696 -0.00013300
Prev. Close Volume Bid Ask Time
0.03271991 0.03258251 0.03259141 2019-10-17 18:35:58
Want to analyze Thai Baht/Swiss Franc THBCHF or another symbol? Try our Free Forex Trend Analysis Report.