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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

FOREX_IDRTHB
Open High Low IDRTHB Price Change
0.221515 0.221750 0.221200 0.221390 -0.000125
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term down The long term trend has been DOWN since Apr 26th, 2019 at 0.22030

intermediate term down The intermediate term trend has been DOWN since Apr 26th, 2019 at 0.22235

short term up The short term trend has been UP since May 24th, 2019 at 0.22172

Smart Scan Analysis for IDRTHB

Based on a pre-defined weighted trend formula for chart analysis, IDRTHB scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for IDRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.221515 0.221750 0.221200 0.221390 -0.000125
Prev. Close Volume Bid Ask Time
0.221515 0.221230 0.221550 2019-05-24 06:48:39
Want to analyze Indonesian Rupiah/Thai Baht IDRTHB or another symbol? Try our Free Forex Trend Analysis Report.