Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Thai Baht/Indonesian Rupiah (FOREX:THBIDR)
Weak Uptrend (+65) - THBIDR is showing signs of weakening momentum to the upside. Monitor THBIDR as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for THBIDR
The long-term trend has been UP since Feb 16th, 2021 at 474.34948
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 464.45631
The short-term trend has been UP since Feb 26th, 2021 at 470.31395
Smart Scan Analysis for THBIDR
Based on our trend formula, THBIDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).