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Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for KRWTHB
The long term trend has been UP since Nov 5th, 2019 at 2.6070500
The intermediate term trend has been UP since Jan 8th, 2020 at 2.6082667
The short term trend has been UP since Jan 28th, 2020 at 2.6183056
Smart Scan Analysis for KRWTHB
Based on a pre-defined weighted trend formula for chart analysis, KRWTHB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6282284 | 2.6325131 | 2.6238469 | 2.6252853 | -0.0029430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6282284 | 2.6225868 | 2.6279837 | 2020-01-29 07:33:24 |