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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Bull Market Weakness (+75) - THBIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBIDR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid THBIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBIDR
Open High Low THBIDR Price Change
435.23022 435.73945 430.51274 434.33708 -0.89314
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long-term trend has been UP since Jan 19th, 2022 at 437.53452

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2022 at 432.76895

short term down The short-term trend has been DOWN since Jan 26th, 2022 at 432.81137

Smart Scan Analysis for THBIDR

Based on our trend formula, THBIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
435.23022 435.73945 430.51274 434.33708 -0.89314
Prev. Close Volume Bid Ask Time
435.23022 2022-01-26 08:49:05
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