Forex Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
Thai Baht/Indian Rupee (FOREX:THBINR)
Weak Downtrend (-65) - THBINR is showing signs of a strengthening downtrend. Monitor THBINR as it may be building momentum to the downside.
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 UP since Jun 2nd, 2020 at 2.3978795
The intermediate-term trend has been DOWN since Jul 3rd, 2020 at 2.3972097
The short-term trend has been DOWN since Jul 13th, 2020 at 2.3970877
Smart Scan Analysis for THBINR
Based on our trend formula, THBINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).