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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Indian Rupee/Thai Baht (FOREX:INRTHB)

Long-Term Uptrend (+90) - INRTHB is in a strong uptrend that is likely to continue. While INRTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.44002332 0.44143495 0.43963901 0.44031144 +0.00028800
Entry Signal

MarketClub’s Trade Triangles for INRTHB

long term up The long-term trend has been UP since Mar 21st, 2024 at 0.43598511

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 0.43530095

short term up The short-term trend has been UP since Apr 15th, 2024 at 0.43971354

Smart Scan Analysis for INRTHB

Based on our trend formula, INRTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for INRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44002332 0.44143495 0.43963901 0.44031144 +0.00028800
Prev. Close Volume Bid Ask Time
0.44002332 2024-04-18 22:59:54
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