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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.

FOREX_IDRTHB
Open High Low IDRTHB Price Change
0.00237518 0.00237897 0.00236408 0.00236469 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term up The long-term trend has been UP since Oct 6th, 2021 at 0.00237506

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00232688

short term down 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).

-50
Smart Scan Analysis for IDRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00237518 0.00237897 0.00236408 0.00236469 -0.00001000
Prev. Close Volume Bid Ask Time
0.00237518 2021-10-21 10:08:37
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