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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Thai Baht/South Korean Won (FOREX:THBKRW)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

Open High Low THBKRW Price Change
34.3275 34.3640 34.1575 34.2535 -0.0740
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term up The long term trend has been UP since Aug 13th, 2018 at 34.1095

intermediate term down The intermediate term trend has been DOWN since Oct 29th, 2018 at 34.2735

short term down The short term trend has been DOWN since Nov 15th, 2018 at 34.1945

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).

Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.3275 34.3640 34.1575 34.2535 -0.0740
Prev. Close Volume Bid Ask Time
34.3275 34.2230 34.2840 2018-11-15 22:43:23
Want to analyze Thai Baht/South Korean Won THBKRW or another symbol? Try our Free Forex Trend Analysis Report.