Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Indian Rupee/Thai Baht (FOREX:INRTHB)
Bear Market Rally (-75) - INRTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRTHB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid INRTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRTHB
The long-term trend has been DOWN since Nov 6th, 2020 at 0.41254579
The intermediate-term trend has been UP since Dec 28th, 2020 at 0.41065261
The short-term trend has been DOWN since Feb 26th, 2021 at 0.41356679
Smart Scan Analysis for INRTHB
Based on our trend formula, INRTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).