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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Thai Baht/Indian Rupee (FOREX:THBINR)
Sidelines Mode (-55) - THBINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for THBINR
The long-term trend has been UP since Jul 12th, 2024 at 2.3233851
The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 2.4930548
The short-term trend has been UP since Nov 18th, 2024 at 2.4321731
Smart Scan Analysis for THBINR
Based on our trend formula, THBINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4412771 | 2.4434149 | 2.4307732 | 2.4307732 | -0.0105040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4412771 | 2024-11-20 03:51:08 |