Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Bull Market Weakness (+75) - IDRTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRTHB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDRTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRTHB
The long-term trend has been UP since Apr 14th, 2022 at 0.00235915
The intermediate-term trend has been UP since May 31st, 2022 at 0.00434432
The short-term trend has been UP since Jun 30th, 2022 at 0.00239403
Smart Scan Analysis for IDRTHB
Based on our trend formula, IDRTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).