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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Strong Downtrend (-100) - THBIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_THBIDR
Open High Low THBIDR Price Change
420.80024 423.48983 420.49597 422.17457 +1.37433
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term down The long-term trend has been DOWN since Sep 16th, 2021 at 428.98356

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 431.21444

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 419.79500

Smart Scan Analysis for THBIDR

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

-100
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
420.80024 423.48983 420.49597 422.17457 +1.37433
Prev. Close Volume Bid Ask Time
420.80024 2021-10-18 22:25:39
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