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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Thai Baht/Indian Rupee (FOREX:THBINR)

Sidelines Mode (+55) - THBINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid THBINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBINR
Open High Low THBINR Price Change
2.3039886 2.3046332 2.3005326 2.3014498 -0.0025390
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term up The long-term trend has been UP since Dec 22nd, 2023 at 2.4090900

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 2.3273339

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 2.3222350

Smart Scan Analysis for THBINR

Based on our trend formula, THBINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for THBINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3039886 2.3046332 2.3005326 2.3014498 -0.0025390
Prev. Close Volume Bid Ask Time
2.3039886 2024-03-19 01:24:20
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