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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for INRTHB
The long-term trend has been DOWN since Jul 17th, 2024 at 0.42976125
The intermediate-term trend has been UP since Nov 1st, 2024 at 0.40306799
The short-term trend has been DOWN since Nov 18th, 2024 at 0.41174358
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.40960999 | 0.41085184 | 0.40940874 | 0.41082057 | +0.00121100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.40960999 | 2024-11-20 03:31:20 |