Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
Indian Rupee/Thai Baht (FOREX:INRTHB)
Sidelines Mode (-55) - INRTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for INRTHB
The long-term trend has been UP since Mar 3rd, 2021 at 0.41673083
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.42214481
The short-term trend has been UP since Apr 16th, 2021 at 0.42046944
Smart Scan Analysis for INRTHB
Based on our trend formula, INRTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).