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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Bear Market Rally (-75) - IDRTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRTHB as it may be in the beginning 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.
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MarketClub’s Trade Triangles for IDRTHB
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00122551
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00232293
The short-term trend has been DOWN since Jul 23rd, 2024 at 0.00222375
Smart Scan Analysis for IDRTHB
Based on our trend formula, IDRTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00221989 | 0.00222051 | 0.00220568 | 0.00220579 | -0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00221989 | 2024-07-26 19:58:34 |