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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indian Rupee/Thai Baht (FOREX:INRTHB)

Strong Downtrend (-100) - INRTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INRTHB continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid INRTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRTHB
Open High Low INRTHB Price Change
0.43166568 0.43180093 0.42924414 0.42927087 -0.00239500
Entry Signal

MarketClub’s Trade Triangles for INRTHB

long term down The long-term trend has been DOWN since Jul 17th, 2024 at 0.42976125

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 0.43055632

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 0.43275355

Smart Scan Analysis for INRTHB

Based on our trend formula, INRTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for INRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43166568 0.43180093 0.42924414 0.42927087 -0.00239500
Prev. Close Volume Bid Ask Time
0.43166568 2024-07-26 20:08:59
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