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Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for IDRTHB
The long term trend has been UP since Dec 3rd, 2018 at 0.229845
The intermediate term trend has been UP since Mar 4th, 2019 at 0.225570
The short term trend has been UP since Mar 19th, 2019 at 0.222935
Smart Scan Analysis for IDRTHB
Based on a pre-defined weighted trend formula for chart analysis, IDRTHB scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22458 | 0.22498 | 0.22293 | 0.22496 | +0.00038 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22458 | 0.22474 | 0.22518 | 2019-03-21 19:50:53 |