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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Thai Baht/South Korean Won (FOREX:THBKRW)

Strong Downtrend (-100) - THBKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_THBKRW
Open High Low THBKRW Price Change
37.070448 37.228022 37.064860 37.064860 -0.005588
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long-term trend has been DOWN since Mar 24th, 2020 at 37.464117

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2020 at 37.464117

short term down The short-term trend has been DOWN since Apr 6th, 2020 at 37.161760

Smart Scan Analysis for THBKRW

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

-100
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.070448 37.228022 37.064860 37.064860 -0.005588
Prev. Close Volume Bid Ask Time
37.070448 37.034409 37.095311 2020-04-09 07:44:33
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