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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Thai Baht/Australian Dollar (FOREX:THBAUD)
Bull Market Weakness (+75) - THBAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid THBAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBAUD.
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 THBAUD
The long-term trend has been DOWN since Mar 6th, 2022 at 0.04108655
The intermediate-term trend has been UP since Aug 9th, 2022 at 0.04070181
The short-term trend has been UP since Aug 15th, 2022 at 0.04008452
Smart Scan Analysis for THBAUD
Based on our trend formula, THBAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04026233 | 0.04048467 | 0.04016072 | 0.04039264 | +0.00013000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04026233 | 2022-08-16 22:16:11 |