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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_IDRTHB
Open High Low IDRTHB Price Change
0.215550 0.216060 0.215515 0.215765 +0.000215
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term down The long term trend has been DOWN since Aug 8th, 2018 at 0.224635

intermediate term down The intermediate term trend has been DOWN since Jul 24th, 2018 at 0.229815

short term up The short term trend has been UP since Oct 22nd, 2018 at 0.215925

Smart Scan Analysis for IDRTHB

Based on a pre-defined weighted trend formula for chart analysis, IDRTHB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for IDRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.215550 0.216060 0.215515 0.215765 +0.000215
Prev. Close Volume Bid Ask Time
0.215550 0.215620 0.215910 2018-10-23 05:13:53
Want to analyze Indonesian Rupiah/Thai Baht IDRTHB or another symbol? Try our Free Forex Trend Analysis Report.