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Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low THBJPY Price Change
3.48710 3.49990 3.47640 3.49295 +0.00585
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long term trend has been UP since Feb 1st, 2019 at 3.4995

intermediate term down The intermediate term trend has been DOWN since Mar 21st, 2019 at 3.4883

short term up The short term trend has been UP since Mar 25th, 2019 at 3.4977

Smart Scan Analysis for THBJPY

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

Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.48710 3.49990 3.47640 3.49295 +0.00585
Prev. Close Volume Bid Ask Time
3.48710 3.49260 3.49330 2019-03-26 22:19:03
Want to analyze Thai Baht/Japanese Yen THBJPY or another symbol? Try our Free Forex Trend Analysis Report.