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Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Thai Baht/Japanese Yen (FOREX:THBJPY)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.
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MarketClub’s Trade Triangles for THBJPY
The long term trend has been UP since Sep 12th, 2019 at 3.55140
The intermediate term trend has been UP since Aug 25th, 2019 at 3.47715
The short term trend has been UP since Sep 4th, 2019 at 3.47595
Smart Scan Analysis for THBJPY
Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.53440 | 3.53535 | 3.53335 | 3.53430 | -0.00010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.53440 | 3.53420 | 3.53440 | 2019-09-16 02:29:04 |