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Forex Trend Analysis Report

Prepared for you on Tuesday, November 5, 2024.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Bull Market Weakness (+75) - THBAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBAUD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_THBAUD
Open High Low THBAUD Price Change
0.04501898 0.04504588 0.04490530 0.04496666 -0.00005200
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term up The long-term trend has been UP since Jul 26th, 2024 at 0.04263256

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.04490980

short term down The short-term trend has been DOWN since Nov 1st, 2024 at 0.04490876

Smart Scan Analysis for THBAUD

Based on our trend formula, THBAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04501898 0.04504588 0.04490530 0.04496666 -0.00005200
Prev. Close Volume Bid Ask Time
0.04501898 2024-11-05 06:41:59
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