Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Thai Baht/Indian Rupee (FOREX:THBINR)

Sidelines Mode (-55) - THBINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_THBINR
Open High Low THBINR Price Change
2.2483698 2.2588200 2.2440533 2.2505665 +0.0021970
Entry Signal

MarketClub’s Trade Triangles for THBINR

long term down The long-term trend has been DOWN since Mar 3rd, 2021 at 2.4020069

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 2.2220729

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 2.2430931

Smart Scan Analysis for THBINR

Based on our trend formula, THBINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for THBINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2483698 2.2588200 2.2440533 2.2505665 +0.0021970
Prev. Close Volume Bid Ask Time
2.2483698 2021-10-19 08:21:26
Get a free daily analysis and signals for Thai Baht/Indian Rupee (THBINR) - Request Your Free Report.