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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Indonesian Rupiah/Thai Baht (FOREX:IDRTHB)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.218095 0.218135 0.217110 0.217130 -0.000965
Entry Signal

MarketClub’s Trade Triangles for IDRTHB

long term down The long term trend has been DOWN since Apr 26th, 2019 at 0.220300

intermediate term up The intermediate term trend has been UP since Sep 6th, 2019 at 0.217645

short term up The short term trend has been UP since Sep 13th, 2019 at 0.218980

Smart Scan Analysis for IDRTHB

Based on a pre-defined weighted trend formula for chart analysis, IDRTHB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for IDRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.218095 0.218135 0.217110 0.217130 -0.000965
Prev. Close Volume Bid Ask Time
0.218095 0.216970 0.217290 2019-09-16 10:07:07
Want to analyze Indonesian Rupiah/Thai Baht IDRTHB or another symbol? Try our Free Forex Trend Analysis Report.