Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Sidelines Mode (-50) - IDRTHB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IDRTHB can gain momentum.
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 Oct 6th, 2021 at 0.00237506
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00232688
The short-term trend has been DOWN since Oct 18th, 2021 at 0.00233226
Smart Scan Analysis for IDRTHB
Based on our trend formula, IDRTHB is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).