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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

South Korean Won/Thai Baht (FOREX:KRWTHB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_KRWTHB
Open High Low KRWTHB Price Change
2.89905 2.89905 2.89905 2.89905 0.00000
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term up The long term trend has been UP since Dec 3rd, 2018 at 2.95585

intermediate term down The intermediate term trend has been DOWN since Dec 14th, 2018 at 2.88990

short term down The short term trend has been DOWN since Dec 5th, 2018 at 2.93635

Smart Scan Analysis for KRWTHB

Based on a pre-defined weighted trend formula for chart analysis, KRWTHB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.89905 2.89905 2.89905 2.89905 0.00000
Prev. Close Volume Bid Ask Time
2.89905 2.89630 2.90180 2018-12-15 17:57:06
Want to analyze South Korean Won/Thai Baht KRWTHB or another symbol? Try our Free Forex Trend Analysis Report.