Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Thai Baht/South Korean Won (FOREX:THBKRW)

Countertrend Up (+85) - THBKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

Open	High	Low	THBKRW Price	Change
37.879035	38.076856	37.843343	38.076856	+0.197821
Entry Signal

MarketClub’s Trade Triangles for THBKRW

The long-term trend has been UP since Mar 17th, 2023 at 38.275010

The intermediate-term trend has been UP since Jan 13th, 2023 at 37.623609

The short-term trend has been DOWN since Mar 21st, 2023 at 38.002776

Smart Scan Analysis for THBKRW

Based on our trend formula, THBKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
37.879035	38.076856	37.843343	38.076856	+0.197821
Prev. Close	Volume	Bid	Ask	Time
37.879035				2023-03-29 03:56:56

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