Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Countertrend Up (+85) - AUDTHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 14th, 2023 at 23.663357
The intermediate-term trend has been UP since Nov 14th, 2023 at 23.194849
The short-term trend has been DOWN since Nov 28th, 2023 at 23.098727
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).