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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_THBIDR
Open High Low THBIDR Price Change
450.395 450.670 449.475 449.585 -0.810
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 435.080

intermediate term down The intermediate term trend has been DOWN since Mar 4th, 2019 at 443.330

short term up The short term trend has been UP since Mar 8th, 2019 at 449.535

Smart Scan Analysis for THBIDR

Based on a pre-defined weighted trend formula for chart analysis, THBIDR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
450.395 450.670 449.475 449.585 -0.810
Prev. Close Volume Bid Ask Time
450.395 443.190 455.980 2019-03-19 06:30:59
Want to analyze Thai Baht/Indonesian Rupiah THBIDR or another symbol? Try our Free Forex Trend Analysis Report.