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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Thai Baht/Australian Dollar (FOREX:THBAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBAUD
Open High Low THBAUD Price Change
0.044497 0.044497 0.044497 0.044497 0.000000
Entry Signal

MarketClub’s Trade Triangles for THBAUD

long term up The long term trend has been UP since Dec 21st, 2018 at 0.043358

intermediate term down The intermediate term trend has been DOWN since Mar 3rd, 2019 at 0.044299

short term down The short term trend has been DOWN since Mar 20th, 2019 at 0.044348

Smart Scan Analysis for THBAUD

Based on a pre-defined weighted trend formula for chart analysis, THBAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for THBAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.044497 0.044497 0.044497 0.044497 0.000000
Prev. Close Volume Bid Ask Time
0.044497 0.044491 0.044502 2019-03-23 12:26:02
Want to analyze Thai Baht/Australian Dollar THBAUD or another symbol? Try our Free Forex Trend Analysis Report.