Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Thai Baht/Indian Rupee (FOREX:THBINR)
Bull Market Weakness (+75) - THBINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBINR as it may be in the beginning stages of a reversal.
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 Nov 6th, 2020 at 2.4270632
The intermediate-term trend has been DOWN since Dec 28th, 2020 at 2.4353692
The short-term trend has been UP since Feb 26th, 2021 at 2.4199950
Smart Scan Analysis for THBINR
Based on our trend formula, THBINR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).