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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Weak Downtrend (-65) - THBAUD is showing signs of a strengthening downtrend. Monitor THBAUD as it may be building momentum to the downside.

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
0.04424800 0.04437594 0.04420665 0.04426238 +0.00001400
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 down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.04449618

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.04427968

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).

-70
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04424800 0.04437594 0.04420665 0.04426238 +0.00001400
Prev. Close Volume Bid Ask Time
0.04424800 2024-11-21 07:14:18
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