Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Countertrend Up (+85) - AUDTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AUDTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDTHB
The long-term trend has been UP since Dec 30th, 2020 at 23.013486
The intermediate-term trend has been UP since Feb 15th, 2021 at 23.247344
The short-term trend has been DOWN since Feb 26th, 2021 at 23.687873
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).