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.
MarketClub’s Trade Triangles for THBINR
The long-term trend has been UP since Jun 2nd, 2020 at 2.3978795
The intermediate-term trend has been UP since Feb 28th, 2020 at 2.3081395
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).