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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)

Weak Downtrend (-65) - IDRTHB is showing signs of a strengthening downtrend. Monitor IDRTHB as it may be building momentum to the downside.

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

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

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

FOREX_IDRTHB
Open High Low IDRTHB Price Change
0.00227019 0.00229007 0.00226746 0.00227653 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term down The long-term trend has been DOWN since Oct 6th, 2023 at 0.00210257

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.00224974

short term up The short-term trend has been UP since Dec 5th, 2023 at 0.00227627

Smart Scan Analysis for IDRTHB

Based on our trend formula, IDRTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for IDRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00227019 0.00229007 0.00226746 0.00227653 +0.00000600
Prev. Close Volume Bid Ask Time
0.00227019 2023-12-08 20:42:13
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