Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Bear Market Rally (-75) - KRWTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWTHB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid KRWTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWTHB
The long-term trend has been DOWN since Oct 11th, 2020 at 2.56967410
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.02676562
The short-term trend has been UP since Mar 8th, 2021 at 0.02707963
Smart Scan Analysis for KRWTHB
Based on our trend formula, KRWTHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).