Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
Thai Baht/Indonesian Rupiah (FOREX:THBIDR)
Strong Uptrend (+100) - THBIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Aug 3rd, 2020 at 470.56964
The intermediate-term trend has been UP since Jul 31st, 2020 at 467.51949
The short-term trend has been UP since Jul 28th, 2020 at 461.36358
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).