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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Australian Dollar/Thai Baht (FOREX:AUDTHB)

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_AUDTHB
Open High Low AUDTHB Price Change
22.701 22.740 22.621 22.621 -0.080
Entry Signal

MarketClub’s Trade Triangles for AUDTHB

long term down The long term trend has been DOWN since Dec 21st, 2018 at 23.0590

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 23.6805

short term down The short term trend has been DOWN since Jan 16th, 2019 at 22.9000

Smart Scan Analysis for AUDTHB

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

-100
Smart Scan Analysis for AUDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.701 22.740 22.621 22.621 -0.080
Prev. Close Volume Bid Ask Time
22.701 22.599 22.643 2019-01-22 17:35:56
Want to analyze Australian Dollar/Thai Baht AUDTHB or another symbol? Try our Free Forex Trend Analysis Report.