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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Indian Rupee/Thai Baht (FOREX:INRTHB)

Sidelines Mode (+55) - INRTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_INRTHB
Open High Low INRTHB Price Change
0.44605747 0.44663322 0.44365407 0.44487558 -0.00118200
Entry Signal

MarketClub’s Trade Triangles for INRTHB

long term up The long-term trend has been UP since Mar 3rd, 2021 at 0.41673083

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.44994675

short term up The short-term trend has been UP since Oct 15th, 2021 at 0.44563592

Smart Scan Analysis for INRTHB

Based on our trend formula, INRTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for INRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44605747 0.44663322 0.44365407 0.44487558 -0.00118200
Prev. Close Volume Bid Ask Time
0.44605747 2021-10-22 19:19:51
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