Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Thai Baht/South Korean Won (FOREX:THBKRW)
Weak Downtrend (-65) - THBKRW is showing signs of a strengthening downtrend. Monitor THBKRW as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for THBKRW
The long-term trend has been UP since Feb 9th, 2022 at 36.514581
The intermediate-term trend has been DOWN since May 30th, 2022 at 36.530783
The short-term trend has been DOWN since Jul 1st, 2022 at 36.351386
Smart Scan Analysis for THBKRW
Based on our trend formula, THBKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).