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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Australian Dollar/Thai Baht (FOREX:AUDTHB)

Crossroads (-60) - AUDTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AUDTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDTHB
Open High Low AUDTHB Price Change
23.545492 23.707388 23.545492 23.608973 +0.063481
Entry Signal

MarketClub’s Trade Triangles for AUDTHB

long term up The long-term trend has been UP since Jun 14th, 2023 at 23.663357

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 23.590710

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 24.053463

Smart Scan Analysis for AUDTHB

Based on our trend formula, AUDTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AUDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.545492 23.707388 23.545492 23.608973 +0.063481
Prev. Close Volume Bid Ask Time
23.545492 2024-04-19 23:19:12
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