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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_THBSGD
Open High Low THBSGD Price Change
0.045355 0.045355 0.045021 0.045095 -0.000260
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term up The long term trend has been UP since Sep 3rd, 2018 at 0.041954

intermediate term up The intermediate term trend has been UP since Jul 26th, 2019 at 0.044405

short term up The short term trend has been UP since Sep 11th, 2019 at 0.045115

Smart Scan Analysis for THBSGD

Based on a pre-defined weighted trend formula for chart analysis, THBSGD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045355 0.045355 0.045021 0.045095 -0.000260
Prev. Close Volume Bid Ask Time
0.045355 0.045089 0.045101 2019-09-15 20:04:48
Want to analyze Thai Baht/Singapore Dollar THBSGD or another symbol? Try our Free Forex Trend Analysis Report.