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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)

Bear Market Rally (-75) - IDRTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRTHB as it may be in the beginning of a reversal.

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
0.00211995 0.00213510 0.00211745 0.00212964 +0.00001000
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term down The long-term trend has been DOWN since Aug 3rd, 2020 at 0.21250840

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00211868

short term up The short-term trend has been UP since Mar 3rd, 2021 at 0.00213132

Smart Scan Analysis for IDRTHB

Based on our trend formula, IDRTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00211995 0.00213510 0.00211745 0.00212964 +0.00001000
Prev. Close Volume Bid Ask Time
0.00211995 2021-03-05 08:49:17
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