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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

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.

Open High Low THBIDR Price Change
445.860 447.310 444.035 447.200 +1.340
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 435.080

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2019 at 439.010

short term up The short term trend has been UP since Jan 13th, 2019 at 442.195

Smart Scan Analysis for THBIDR

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

Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
445.860 447.310 444.035 447.200 +1.340
Prev. Close Volume Bid Ask Time
445.860 447.060 447.340 2019-01-17 21:03:21
Want to analyze Thai Baht/Indonesian Rupiah THBIDR or another symbol? Try our Free Forex Trend Analysis Report.