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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Bear Market Rally (-75) - THBAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBAUD as it may be in the beginning 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.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.04324184 0.04340446 0.04321852 0.04331512 +0.00007300
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long-term trend has been DOWN since Jun 14th, 2023 at 0.04225235

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.04311564

short term up The short-term trend has been UP since Nov 28th, 2023 at 0.04329256

Smart Scan Analysis for THBAUD

Based on our trend formula, THBAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04324184 0.04340446 0.04321852 0.04331512 +0.00007300
Prev. Close Volume Bid Ask Time
0.04324184 2023-11-28 15:42:38
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