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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 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
0.043467 0.043467 0.043335 0.043393 -0.000074
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 Dec 14th, 2018 at 0.041979

short term down The short term trend has been DOWN since Feb 21st, 2019 at 0.043380

Smart Scan Analysis for THBSGD

Based on a pre-defined weighted trend formula for chart analysis, THBSGD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for THBSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.043467 0.043467 0.043335 0.043393 -0.000074
Prev. Close Volume Bid Ask Time
0.043467 0.043388 0.043397 2019-02-21 04:33:44
Want to analyze Thai Baht/Singapore Dollar THBSGD or another symbol? Try our Free Forex Trend Analysis Report.