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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Thai Baht/South Korean Won (FOREX:THBKRW)
Sidelines Mode (+55) - THBKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid THBKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for THBKRW
The long-term trend has been UP since Jan 2nd, 2024 at 38.006596
The intermediate-term trend has been UP since Apr 9th, 2024 at 37.209568
The short-term trend has been DOWN since Apr 17th, 2024 at 37.622008
Smart Scan Analysis for THBKRW
Based on our trend formula, THBKRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.072068 | 37.222004 | 37.018873 | 37.069017 | -0.003051 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.072068 | 2024-04-25 17:07:25 |