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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Thai Baht/Indian Rupee (FOREX:THBINR)

Long-Term Uptrend (+90) - THBINR is in a strong uptrend that is likely to continue. While THBINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid THBINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBINR
Open High Low THBINR Price Change
2.3917153 2.3979041 2.3822606 2.3832556 -0.0084600
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term up The long-term trend has been UP since Jun 2nd, 2020 at 2.3978795

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2020 at 2.3081395

short term up The short-term trend has been UP since Jun 2nd, 2020 at 2.3947202

Smart Scan Analysis for THBINR

Based on our trend formula, THBINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for THBINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3917153 2.3979041 2.3822606 2.3832556 -0.0084600
Prev. Close Volume Bid Ask Time
2.3917153 2.3831050 2.3834063 2020-06-02 05:42:32
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