Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Long-Term Uptrend (+90) - AUDTHB is in a strong uptrend that is likely to continue. While AUDTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Sep 17th, 2021 at 24.270808
The short-term trend has been UP since Oct 15th, 2021 at 24.698795
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).