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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

South Korean Won/Thai Baht (FOREX:KRWTHB)

Strong Downtrend (-100) - KRWTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWTHB continues to fall. Traders should use caution and set stops.

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.

FOREX_KRWTHB
Open High Low KRWTHB Price Change
0.02691923 0.02695980 0.02670154 0.02673475 -0.00018400
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term down The long-term trend has been DOWN since Aug 18th, 2022 at 0.02685056

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.02752076

short term down The short-term trend has been DOWN since Jul 29th, 2022 at 0.02795488

Smart Scan Analysis for KRWTHB

Based on our trend formula, KRWTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02691923 0.02695980 0.02670154 0.02673475 -0.00018400
Prev. Close Volume Bid Ask Time
0.02691923 2022-08-19 23:41:06
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