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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_THBJPY
Open High Low THBJPY Price Change
3.6220192 3.6220192 3.6220192 3.6220192 0.0000000
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long term trend has been UP since Sep 12th, 2019 at 3.5514000

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2020 at 3.5749628

short term down The short term trend has been DOWN since Jan 16th, 2020 at 3.6181320

Smart Scan Analysis for THBJPY

Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6220192 3.6220192 3.6220192 3.6220192 0.0000000
Prev. Close Volume Bid Ask Time
3.6220192 3.6215260 3.6225124 2020-01-19 03:01:36
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