Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Thai Baht/Indonesian Rupiah (FOREX:THBIDR)
Crossroads (-60) - THBIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 10th, 2022 at 427.32021
The intermediate-term trend has been DOWN since Mar 27th, 2023 at 438.64865
The short-term trend has been DOWN since Mar 21st, 2023 at 448.24971
Smart Scan Analysis for THBIDR
Based on our trend formula, THBIDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).