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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Indian Rupee/Thai Baht (FOREX:INRTHB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_INRTHB
Open High Low INRTHB Price Change
0.486750 0.486750 0.483865 0.484000 -0.002750
Entry Signal

MarketClub’s Trade Triangles for INRTHB

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 0.524400

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2018 at 0.507130

short term down The short term trend has been DOWN since Feb 12th, 2018 at 0.492275

Smart Scan Analysis for INRTHB

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

-100
Smart Scan Analysis for INRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.486750 0.486750 0.483865 0.484000 -0.002750
Prev. Close Volume Bid Ask Time
0.486750 0.483560 0.484440 2018-02-22 21:56:24
Want to analyze Indian Rupee/Thai Baht INRTHB or another symbol? Try our Free Forex Trend Analysis Report.