Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Thai Baht/Indonesian Rupiah (FOREX:THBIDR)
Countertrend Up (+85) - THBIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid THBIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for THBIDR
The long-term trend has been UP since Nov 22nd, 2023 at 443.36788
The intermediate-term trend has been UP since Mar 4th, 2024 at 441.02500
The short-term trend has been UP since Mar 18th, 2024 at 438.08615
Smart Scan Analysis for THBIDR
Based on our trend formula, THBIDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
436.47123 | 436.54348 | 435.33981 | 435.94827 | -0.52296 |
Prev. Close | Volume | Bid | Ask | Time |
436.47123 | 2024-03-19 05:26:53 |