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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Thai Baht/South Korean Won (FOREX:THBKRW)
Long-Term Uptrend (+90) - THBKRW is in a strong uptrend that is likely to continue. While THBKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid THBKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for THBKRW
The long-term trend has been UP since Jan 2nd, 2024 at 38.006596
The intermediate-term trend has been UP since Dec 3rd, 2024 at 40.999780
The short-term trend has been UP since Dec 22nd, 2024 at 42.342981
Smart Scan Analysis for THBKRW
Based on our trend formula, THBKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.771399 | 43.089637 | 42.757806 | 43.026972 | +0.255573 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.771399 | 2024-12-26 18:44:46 |