Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Strong Downtrend (-100) - IDRTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Mar 17th, 2020 at 0.21383760
The intermediate-term trend has been DOWN since Mar 9th, 2020 at 0.21911935
The short-term trend has been DOWN since Mar 30th, 2020 at 0.19976547
Smart Scan Analysis for IDRTHB
Based on our trend formula, IDRTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).