Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Indian Rupee/Thai Baht (FOREX:INRTHB)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for INRTHB
The long term trend has been DOWN since Aug 21st, 2018 at 0.46778500
The intermediate term trend has been UP since Jan 12th, 2020 at 0.42672715
The short term trend has been UP since Jan 23rd, 2020 at 0.42844730
Smart Scan Analysis for INRTHB
Based on a pre-defined weighted trend formula for chart analysis, INRTHB scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).