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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South Korean Won/Thai Baht (FOREX:KRWTHB)

Sidelines Mode (+55) - KRWTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.02487468 0.02489516 0.02482407 0.02487158 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 0.02625242

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2024 at 0.02466633

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.02482917

Smart Scan Analysis for KRWTHB

Based on our trend formula, KRWTHB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02487468 0.02489516 0.02482407 0.02487158 -0.00000300
Prev. Close Volume Bid Ask Time
0.02487468 2024-11-20 03:39:52
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