Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
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.
MarketClub’s Trade Triangles for IDRTHB
The long-term trend has been DOWN since Aug 3rd, 2020 at 0.21250840
The intermediate-term trend has been DOWN since Apr 15th, 2021 at 0.00213572
The short-term trend has been UP since Apr 19th, 2021 at 0.00215362
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).