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Forex Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

Thai Baht/Malaysian Ringt (FOREX:THBMYR)

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.

FOREX_THBMYR
Open High Low THBMYR Price Change
0.13798034 0.13845811 0.13775544 0.13824529 +0.00026500
Entry Signal

MarketClub’s Trade Triangles for THBMYR

long term up The long term trend has been UP since Aug 28th, 2018 at 0.126130

intermediate term up The intermediate term trend has been UP since Aug 2nd, 2019 at 0.134975

short term up The short term trend has been UP since Oct 15th, 2019 at 0.137855

Smart Scan Analysis for THBMYR

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

+100
Smart Scan Analysis for THBMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13798034 0.13845811 0.13775544 0.13824529 +0.00026500
Prev. Close Volume Bid Ask Time
0.13798034 0.13816272 0.13832787 2019-10-17 23:09:08
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