Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Crossroads (+60) - IDRTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IDRTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IDRTHB
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00122551
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00232293
The short-term trend has been UP since May 8th, 2024 at 0.00230067
Smart Scan Analysis for IDRTHB
Based on our trend formula, IDRTHB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00229783 | 0.00229783 | 0.00229430 | 0.00229436 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00229783 | 2024-05-09 04:06:57 |