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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Sidelines Mode (+55) - AUDTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for AUDTHB
The long-term trend has been DOWN since Jul 26th, 2024 at 23.457326
The intermediate-term trend has been UP since Oct 2nd, 2024 at 22.661143
The short-term trend has been DOWN since Oct 7th, 2024 at 22.511166
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.572372 | 22.597376 | 22.509732 | 22.555482 | -0.016890 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.572372 | 2024-10-08 08:59:10 |