Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Thai Baht/Australian Dollar (FOREX:THBAUD)
Weak Downtrend (-65) - THBAUD is showing signs of a strengthening downtrend. Monitor THBAUD as it may be building momentum to the downside.
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 Dec 30th, 2020 at 0.04344760
The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.04301649
The short-term trend has been UP since Mar 5th, 2021 at 0.04270046
Smart Scan Analysis for THBAUD
Based on our trend formula, THBAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).