Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Long-Term Downtrend (-90) - IDRTHB is in a strong downtrend that is likely to continue. While IDRTHB is showing intraday strength, it remains in the confines of a bearish trend. 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 Oct 10th, 2024 at 0.00212138
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 0.00205269
The short-term trend has been DOWN since Nov 28th, 2024 at 0.00216879
Smart Scan Analysis for IDRTHB
Based on our trend formula, IDRTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00216054 | 0.00216687 | 0.00215823 | 0.00216418 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00216054 | 2024-12-02 05:35:50 |