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Forex Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

Thai Baht/Norwegian Krone (FOREX:THBNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_THBNOK
Open High Low THBNOK Price Change
0.27710 0.27760 0.27665 0.27700 -0.00010
Entry Signal

MarketClub’s Trade Triangles for THBNOK

long term up The long term trend has been UP since Nov 13th, 2018 at 0.25815

intermediate term up The intermediate term trend has been UP since Oct 19th, 2018 at 0.25355

short term down The short term trend has been DOWN since Feb 14th, 2019 at 0.27510

Smart Scan Analysis for THBNOK

Based on a pre-defined weighted trend formula for chart analysis, THBNOK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for THBNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27710 0.27760 0.27665 0.27700 -0.00010
Prev. Close Volume Bid Ask Time
0.27710 0.27680 0.27720 2019-02-15 13:16:56
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