Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.04765087 0.04790343 0.04752598 0.04784951 +0.00019900
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long term trend has been DOWN since Dec 29th, 2019 at 0.04746400

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 0.04808842

short term down The short term trend has been DOWN since Jan 10th, 2020 at 0.04787514

Smart Scan Analysis for THBAUD

Based on a pre-defined weighted trend formula for chart analysis, THBAUD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04765087 0.04790343 0.04752598 0.04784951 +0.00019900
Prev. Close Volume Bid Ask Time
0.04765087 0.04784655 0.04785248 2020-01-17 14:48:54
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