Forex Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for KRWTHB
The long term trend has been DOWN since Feb 1st, 2018 at 2.92300
The intermediate term trend has been UP since Feb 19th, 2018 at 2.94370
The short term trend has been DOWN since Feb 20th, 2018 at 2.93075
Smart Scan Analysis for KRWTHB
Based on a pre-defined weighted trend formula for chart analysis, KRWTHB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).