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Forex Trend Analysis Report

Prepared for you on Tuesday, November 21, 2017.

Thai Baht/South Korean Won (FOREX:THBKRW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_THBKRW
Open High Low THBKRW Price Change
33.428 33.441 33.198 33.250 -0.178
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long term trend has been DOWN since Nov 1st, 2017 at 33.5135

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2017 at 34.0520

short term down The short term trend has been DOWN since Nov 14th, 2017 at 33.7330

Smart Scan Analysis for THBKRW

Based on a pre-defined weighted trend formula for chart analysis, THBKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.428 33.441 33.198 33.250 -0.178
Prev. Close Volume Bid Ask Time
33.428 33.211 33.289 2017-11-21 10:32:39
Want to analyze Thai Baht/South Korean Won THBKRW or another symbol? Try our Free Forex Trend Analysis Report.