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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Thai Baht/South Korean Won (FOREX:THBKRW)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_THBKRW
Open High Low THBKRW Price Change
33.7805 33.7805 33.7455 33.7695 -0.0110
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long term trend has been DOWN since May 7th, 2018 at 33.7785

intermediate term up The intermediate term trend has been UP since Jun 14th, 2018 at 33.8880

short term up The short term trend has been UP since Jun 13th, 2018 at 33.7665

Smart Scan Analysis for THBKRW

Based on a pre-defined weighted trend formula for chart analysis, THBKRW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.7805 33.7805 33.7455 33.7695 -0.0110
Prev. Close Volume Bid Ask Time
33.7805 33.7300 33.8090 2018-06-18 04:40:18
Want to analyze Thai Baht/South Korean Won THBKRW or another symbol? Try our Free Forex Trend Analysis Report.