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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Thai Baht/Chinese Yuan Renminbi (FOREX:THBCNY)

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_THBCNY
Open High Low THBCNY Price Change
0.232192 0.232192 0.232192 0.232192 0.000000
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 Oct 3rd, 2019 at 0.233900

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.233800

Smart Scan Analysis for THBCNY

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

+55
Smart Scan Analysis for THBCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.232192 0.232192 0.232192 0.232192 0.000000
Prev. Close Volume Bid Ask Time
0.232192 0.230704 0.233679 2019-10-14 08:46:26
Want to analyze Thai Baht/Chinese Yuan Renminbi THBCNY or another symbol? Try our Free Forex Trend Analysis Report.