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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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.

FOREX_THBIDR
Open High Low THBIDR Price Change
473.15049 475.42094 472.56855 475.25365 +2.10316
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long-term trend has been UP since Nov 22nd, 2023 at 443.36788

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 459.48846

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 468.95062

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).

+60
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
473.15049 475.42094 472.56855 475.25365 +2.10316
Prev. Close Volume Bid Ask Time
473.15049 2024-12-26 13:35:46
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