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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.

FOREX_THBIDR
Open High Low THBIDR Price Change
468.46210 471.49664 467.44084 469.43860 +0.97650
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long-term trend has been UP since Aug 3rd, 2020 at 470.56964

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2020 at 467.51949

short term up 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).

+100
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
468.46210 471.49664 467.44084 469.43860 +0.97650
Prev. Close Volume Bid Ask Time
468.46210 463.16405 475.71315 2020-08-04 21:51:24
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