Forex Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
Thai Baht/Indian Rupee (FOREX:THBINR)
Crossroads (-60) - THBINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid THBINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBINR
The long-term trend has been DOWN since Mar 3rd, 2021 at 2.4020069
The intermediate-term trend has been UP since Apr 8th, 2021 at 2.3776239
The short-term trend has been UP since Apr 19th, 2021 at 2.4088358
Smart Scan Analysis for THBINR
Based on our trend formula, THBINR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).