Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
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 Aug 8th, 2022 at 2.2825751
The intermediate-term trend has been UP since Aug 4th, 2022 at 2.2127151
The short-term trend has been UP since Aug 4th, 2022 at 2.1991625
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).