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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.

FOREX_KRWTHB
Open High Low KRWTHB Price Change
0.02707963 0.02721174 0.02695643 0.02703954 -0.00004000
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 2.56967410

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.02676562

short term up 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).

-75
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02707963 0.02721174 0.02695643 0.02703954 -0.00004000
Prev. Close Volume Bid Ask Time
0.02707963 2021-03-08 20:43:59
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