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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Australian Dollar/Thai Baht (FOREX:AUDTHB)

Sidelines Mode (-55) - AUDTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
23.303578 23.361871 23.208625 23.334826 +0.031248
Entry Signal

MarketClub’s Trade Triangles for AUDTHB

long term down The long-term trend has been DOWN since Oct 5th, 2022 at 24.125929

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2022 at 24.568579

short term up The short-term trend has been UP since Feb 7th, 2023 at 23.342796

Smart Scan Analysis for AUDTHB

Based on our trend formula, AUDTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.303578 23.361871 23.208625 23.334826 +0.031248
Prev. Close Volume Bid Ask Time
23.303578 2023-02-07 22:56:15
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