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Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Thai Baht/Indonesian Rupiah (FOREX:THBIDR)
Bear Market Rally (-75) - THBIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBIDR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid THBIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBIDR.
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 THBIDR
The long-term trend has been DOWN since Apr 19th, 2022 at 423.53814
The intermediate-term trend has been UP since Jul 4th, 2022 at 424.92591
The short-term trend has been DOWN since Jul 5th, 2022 at 418.48234
Smart Scan Analysis for THBIDR
Based on our trend formula, THBIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 420.07117 | 420.54979 | 416.71321 | 416.71321 | -3.35796 |
| Prev. Close | Volume | Bid | Ask | Time |
| 420.07117 | 2022-07-05 11:53:13 |