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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

South Korean Won/Thai Baht (FOREX:KRWTHB)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
2.95400 2.96080 2.94925 2.95785 +0.00385
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term up The long term trend has been UP since May 7th, 2018 at 2.95975

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 2.98200

short term down The short term trend has been DOWN since Jul 10th, 2018 at 2.96485

Smart Scan Analysis for KRWTHB

Based on a pre-defined weighted trend formula for chart analysis, KRWTHB scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.95400 2.96080 2.94925 2.95785 +0.00385
Prev. Close Volume Bid Ask Time
2.95400 2.95520 2.96050 2018-07-17 21:05:56
Want to analyze South Korean Won/Thai Baht KRWTHB or another symbol? Try our Free Forex Trend Analysis Report.