Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 UP since Dec 27th, 2019 at 21.067500
The intermediate term trend has been UP since Dec 12th, 2019 at 20.795733
The short term trend has been UP since Jan 23rd, 2020 at 20.958613
Smart Scan Analysis for AUDTHB
Based on a pre-defined weighted trend formula for chart analysis, AUDTHB scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).