Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Thai Baht/Australian Dollar (FOREX:THBAUD)
Strong Downtrend (-100) - THBAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for THBAUD
The long-term trend has been DOWN since Apr 28th, 2020 at 0.04731174
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.04935744
The short-term trend has been DOWN since May 26th, 2020 at 0.04764035
Smart Scan Analysis for THBAUD
Based on our trend formula, THBAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).