Forex Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Weak Uptrend (+65) - IDRTHB is showing signs of weakening momentum to the upside. Monitor IDRTHB as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for IDRTHB
The long-term trend has been UP since Oct 6th, 2021 at 0.00237506
The intermediate-term trend has been DOWN since Dec 19th, 2021 at 0.00230780
The short-term trend has been UP since Jan 28th, 2022 at 0.00230982
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).