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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

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
0.00222310 0.00223728 0.00221671 0.00221671 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00122551

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00232293

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.00224660

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
0.00222310 0.00223728 0.00221671 0.00221671 -0.00000600
Prev. Close Volume Bid Ask Time
0.00222310 2024-06-21 03:28:14
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