Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
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.
MarketClub’s Trade Triangles for THBINR
The long-term trend has been DOWN since Mar 1st, 2023 at 2.3168903
The intermediate-term trend has been UP since Mar 16th, 2023 at 2.4116661
The short-term trend has been DOWN since Mar 21st, 2023 at 2.4074339
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).