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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Thai Baht/Singapore Dollar (FOREX:THBSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_THBSGD
Open High Low THBSGD Price Change
0.04431115 0.04432553 0.04430181 0.04430907 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for THBSGD

long term down The long term trend has been DOWN since Jan 7th, 2020 at 0.04456347

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2020 at 0.04471709

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.04476356

Smart Scan Analysis for THBSGD

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

-100
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04431115 0.04432553 0.04430181 0.04430907 -0.00000200
Prev. Close Volume Bid Ask Time
0.04431115 0.04430596 0.04431219 2020-01-20 00:47:12
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