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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.

FOREX_THBIDR
Open High Low THBIDR Price Change
439.03903 440.31713 436.48668 438.44903 -0.59000
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long-term trend has been UP since Nov 10th, 2022 at 427.32021

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2023 at 438.64865

short term down 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).

-60
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
439.03903 440.31713 436.48668 438.44903 -0.59000
Prev. Close Volume Bid Ask Time
439.03903 2023-03-31 17:08:18
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