Forex Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
Australian Dollar/Thai Baht (FOREX:AUDTHB)
Long-Term Uptrend (+90) - AUDTHB is in a strong uptrend that is likely to continue. While AUDTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Dec 30th, 2020 at 23.013486
The intermediate-term trend has been UP since Feb 15th, 2021 at 23.247344
The short-term trend has been UP since Apr 5th, 2021 at 23.833347
Smart Scan Analysis for AUDTHB
Based on our trend formula, AUDTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).