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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Thai Baht/Indonesian Rupiah (FOREX:THBIDR)

Countertrend Up (+85) - THBIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
444.09704 444.53739 443.39425 444.04070 -0.05634
Entry Signal

MarketClub’s Trade Triangles for THBIDR

long term up The long-term trend has been UP since Nov 10th, 2022 at 427.32021

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 446.40129

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 448.24971

Smart Scan Analysis for THBIDR

Based on our trend formula, THBIDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for THBIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
444.09704 444.53739 443.39425 444.04070 -0.05634
Prev. Close Volume Bid Ask Time
444.09704 2023-03-22 01:30:27
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