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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Bull Market Weakness (+75) - THBAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBAUD as it may be in the beginning stages 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
0.04026233 0.04048467 0.04016072 0.04039264 +0.00013000
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long-term trend has been DOWN since Mar 6th, 2022 at 0.04108655

intermediate term up The intermediate-term trend has been UP since Aug 9th, 2022 at 0.04070181

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.04008452

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
0.04026233 0.04048467 0.04016072 0.04039264 +0.00013000
Prev. Close Volume Bid Ask Time
0.04026233 2022-08-16 22:16:11
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