Forex Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for AUDTHB
The long term trend has been DOWN since Oct 24th, 2017 at 25.785
The intermediate term trend has been UP since Jan 17th, 2018 at 25.517
The short term trend has been UP since Jan 15th, 2018 at 25.309
Smart Scan Analysis for AUDTHB
Based on a pre-defined weighted trend formula for chart analysis, AUDTHB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).