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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Bear Market Rally (-75) - THBAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBAUD as it may be in the beginning 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
0.04136278 0.04144686 0.04126548 0.04135620 -0.00000700
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term down The long-term trend has been DOWN since Jun 14th, 2023 at 0.04225235

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 0.04238957

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 0.04215148

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
0.04136278 0.04144686 0.04126548 0.04135620 -0.00000700
Prev. Close Volume Bid Ask Time
0.04136278 2024-04-26 16:26:14
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