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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

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_THBIDR
Open High Low THBIDR Price Change
430.53 432.80 429.34 429.67 -0.86
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term down The long term trend has been DOWN since Jun 7th, 2018 at 431.285

intermediate term down The intermediate term trend has been DOWN since May 29th, 2018 at 436.255

short term down The short term trend has been DOWN since Jul 20th, 2018 at 430.190

Smart Scan Analysis for THBIDR

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

-100
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
430.53 432.80 429.34 429.67 -0.86
Prev. Close Volume Bid Ask Time
430.53 429.54 429.80 2018-07-20 21:55:58
Want to analyze Thai Baht/Indonesian Rupiah THBIDR or another symbol? Try our Free Forex Trend Analysis Report.