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Forex Trend Analysis Report

Prepared for you on Friday, April 20, 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
441.76 443.28 441.48 441.48 -0.28
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long term trend has been UP since Jan 10th, 2018 at 419.780

intermediate term up The intermediate term trend has been UP since Apr 10th, 2018 at 453.815

short term up The short term trend has been UP since Apr 17th, 2018 at 442.490

Smart Scan Analysis for THBIDR

Based on a pre-defined weighted trend formula for chart analysis, THBIDR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
441.76 443.28 441.48 441.48 -0.28
Prev. Close Volume Bid Ask Time
441.76 441.35 441.61 2018-04-20 13:55:33
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