Forex Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Bull Market Weakness (+75) - AUDTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDTHB as it may be in the beginning stages of a reversal.
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 Apr 28th, 2020 at 21.137592
The intermediate-term trend has been UP since Apr 7th, 2020 at 20.258843
The short-term trend has been UP since Aug 5th, 2020 at 22.351317
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).