Forex Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
Thai Baht/Australian Dollar (FOREX:THBAUD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for THBAUD
The long term trend has been UP since Dec 21st, 2018 at 0.043358
The intermediate term trend has been UP since Dec 6th, 2018 at 0.042230
The short term trend has been UP since Jan 16th, 2019 at 0.043665
Smart Scan Analysis for THBAUD
Based on a pre-defined weighted trend formula for chart analysis, THBAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).