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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_THBIDR
Open High Low THBIDR Price Change
463.855 463.855 463.855 463.855 0.000
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long term trend has been UP since Aug 8th, 2018 at 445.175

intermediate term up The intermediate term trend has been UP since Jul 24th, 2018 at 435.220

short term down The short term trend has been DOWN since Oct 19th, 2018 at 464.980

Smart Scan Analysis for THBIDR

Based on a pre-defined weighted trend formula for chart analysis, THBIDR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
463.855 463.855 463.855 463.855 0.000
Prev. Close Volume Bid Ask Time
463.855 457.730 469.980 2018-10-22 02:28:57
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