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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_THBCNY
Open High Low THBCNY Price Change
0.216710 0.217100 0.216310 0.216705 -0.000005
Entry Signal

MarketClub’s Trade Triangles for THBCNY

long term up The long term trend has been UP since May 13th, 2019 at 0.217315

intermediate term up The intermediate term trend has been UP since May 6th, 2019 at 0.211565

short term up The short term trend has been UP since May 23rd, 2019 at 0.217250

Smart Scan Analysis for THBCNY

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

+90
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.216710 0.217100 0.216310 0.216705 -0.000005
Prev. Close Volume Bid Ask Time
0.216710 0.215300 0.218110 2019-05-25 12:18:30
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