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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
2.4914198 2.4957243 2.4872535 2.4881924 -0.0032270
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term up The long-term trend has been UP since Jul 12th, 2024 at 2.3233851

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 2.4713356

short term up The short-term trend has been UP since Dec 23rd, 2024 at 2.4866686

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
2.4914198 2.4957243 2.4872535 2.4881924 -0.0032270
Prev. Close Volume Bid Ask Time
2.4914198 2024-12-26 04:51:21
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