Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Indian Rupee/Thai Baht (FOREX:INRTHB)
Long-Term Uptrend (+90) - INRTHB is in a strong uptrend that is likely to continue. While INRTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 22nd, 2023 at 0.42875511
The intermediate-term trend has been UP since Dec 11th, 2023 at 0.42625508
The short-term trend has been UP since Dec 5th, 2023 at 0.42349561
Smart Scan Analysis for INRTHB
Based on our trend formula, INRTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).