Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Weak Downtrend (-65) - KRWTHB is showing signs of a strengthening downtrend. Monitor KRWTHB as it may be building momentum to the downside.
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 UP since Jun 5th, 2023 at 0.02676028
The intermediate-term trend has been DOWN since Nov 27th, 2023 at 0.02697983
The short-term trend has been DOWN since Nov 22nd, 2023 at 0.02706269
Smart Scan Analysis for KRWTHB
Based on our trend formula, KRWTHB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).