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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Thai Baht/Indian Rupee (FOREX:THBINR)

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_THBINR
Open High Low THBINR Price Change
2.30475 2.32565 2.29875 2.32165 +0.01690
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term up The long term trend has been UP since Feb 1st, 2019 at 2.28255

intermediate term up The intermediate term trend has been UP since Jul 31st, 2019 at 2.24480

short term up The short term trend has been UP since Aug 14th, 2019 at 2.32490

Smart Scan Analysis for THBINR

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

+90
Smart Scan Analysis for THBINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.30475 2.32565 2.29875 2.32165 +0.01690
Prev. Close Volume Bid Ask Time
2.30475 2.32060 2.32270 2019-08-19 19:01:04
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