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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Strong Downtrend (-100) - THBAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, THBAUD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid THBAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.04206920 0.04226422 0.04203028 0.04205258 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long-term trend has been DOWN since Jun 14th, 2023 at 0.04225235

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.04223029

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.04227062

Smart Scan Analysis for THBAUD

Based on our trend formula, THBAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04206920 0.04226422 0.04203028 0.04205258 -0.00001700
Prev. Close Volume Bid Ask Time
0.04206920 2024-03-28 15:49:31
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