Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Bull Market Weakness (+75) - KRWTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWTHB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid KRWTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KRWTHB
The long-term trend has been UP since Mar 12th, 2024 at 0.02732602
The intermediate-term trend has been UP since May 3rd, 2024 at 0.02718770
The short-term trend has been DOWN since May 8th, 2024 at 0.02700255
Smart Scan Analysis for KRWTHB
Based on our trend formula, KRWTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02700574 | 0.02700574 | 0.02690771 | 0.02690771 | -0.00009800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02700574 | 2024-05-09 10:29:35 |