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Forex Trend Analysis Report

Prepared for you on Tuesday, November 12, 2019.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
463.19642 463.87539 462.97514 463.38643 +0.19001
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long term trend has been UP since Apr 26th, 2019 at 453.94500

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2019 at 462.19000

short term up The short term trend has been UP since Nov 11th, 2019 at 463.18631

Smart Scan Analysis for THBIDR

Based on a pre-defined weighted trend formula for chart analysis, THBIDR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
463.19642 463.87539 462.97514 463.38643 +0.19001
Prev. Close Volume Bid Ask Time
463.19642 456.50391 470.26895 2019-11-12 07:48:38
Want to analyze Thai Baht/Indonesian Rupiah THBIDR or another symbol? Try our Free Forex Trend Analysis Report.