Forex Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Weak Uptrend (+65) - AUDTHB is showing signs of weakening momentum to the upside. Monitor AUDTHB as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for AUDTHB
The long-term trend has been UP since Apr 28th, 2020 at 21.137592
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 22.586939
The short-term trend has been UP since Oct 21st, 2020 at 22.190373
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).