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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Australian Dollar/Thai Baht (FOREX:AUDTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AUDTHB
Open High Low AUDTHB Price Change
20.9025 20.9410 20.8445 20.8555 -0.0470
Entry Signal

MarketClub’s Trade Triangles for AUDTHB

long term down The long term trend has been DOWN since Dec 21st, 2018 at 23.0590

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 21.3115

short term down The short term trend has been DOWN since Aug 19th, 2019 at 20.8735

Smart Scan Analysis for AUDTHB

Based on a pre-defined weighted trend formula for chart analysis, AUDTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AUDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.9025 20.9410 20.8445 20.8555 -0.0470
Prev. Close Volume Bid Ask Time
20.9025 20.8340 20.8770 2019-08-20 14:35:15
Want to analyze Australian Dollar/Thai Baht AUDTHB or another symbol? Try our Free Forex Trend Analysis Report.