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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Bear Market Rally (-75) - THBIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBIDR as it may be in the beginning of a reversal.

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
420.07117 420.54979 416.71321 416.71321 -3.35796
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term down The long-term trend has been DOWN since Apr 19th, 2022 at 423.53814

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2022 at 424.92591

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 418.48234

Smart Scan Analysis for THBIDR

Based on our trend formula, THBIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
420.07117 420.54979 416.71321 416.71321 -3.35796
Prev. Close Volume Bid Ask Time
420.07117 2022-07-05 11:53:13
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