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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Long-Term Uptrend (+90) - THBAUD is in a strong uptrend that is likely to continue. While THBAUD 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 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.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.04499794 0.04499794 0.04499794 0.04499794 0.00000000
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term up The long-term trend has been UP since Jul 26th, 2024 at 0.04263256

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.04490980

short term up The short-term trend has been UP since Oct 25th, 2024 at 0.04479378

Smart Scan Analysis for THBAUD

Based on our trend formula, THBAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04499794 0.04499794 0.04499794 0.04499794 0.00000000
Prev. Close Volume Bid Ask Time
0.04499794 2024-10-26 04:47:41
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