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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.

FOREX_THBINR
Open High Low THBINR Price Change
2.4042629 2.4126959 2.3936485 2.3951614 -0.0091010
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term up The long-term trend has been UP since Jun 2nd, 2020 at 2.3978795

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2020 at 2.3972097

short term down 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).

-70
Smart Scan Analysis for THBINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4042629 2.4126959 2.3936485 2.3951614 -0.0091010
Prev. Close Volume Bid Ask Time
2.4042629 2.3949225 2.3954003 2020-07-13 07:41:48
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