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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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.

FOREX_THBIDR
Open High Low THBIDR Price Change
437.90748 440.35221 437.25594 439.38750 +1.48002
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 up The intermediate-term trend has been UP since Apr 11th, 2024 at 438.15131

short term up The short-term trend has been UP since Apr 26th, 2024 at 438.91592

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
437.90748 440.35221 437.25594 439.38750 +1.48002
Prev. Close Volume Bid Ask Time
437.90748 2024-04-26 07:02:40
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