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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.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.04665088 0.04670182 0.04627318 0.04629284 -0.00035800
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long-term trend has been DOWN since Apr 28th, 2020 at 0.04731174

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2020 at 0.04935744

short term down 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).

-100
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04665088 0.04670182 0.04627318 0.04629284 -0.00035800
Prev. Close Volume Bid Ask Time
0.04665088 0.04629043 0.04629526 2020-06-02 05:40:37
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