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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Thai Baht/South Korean Won (FOREX:THBKRW)

Bull Market Weakness (+75) - THBKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBKRW as it may be in the beginning stages of a reversal.

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
36.921824 37.096816 36.630929 36.964124 +0.042300
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term up The long-term trend has been UP since Jan 29th, 2021 at 37.313021

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2021 at 37.355667

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 36.863148

Smart Scan Analysis for THBKRW

Based on our trend formula, THBKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.921824 37.096816 36.630929 36.964124 +0.042300
Prev. Close Volume Bid Ask Time
36.921824 2021-03-08 20:44:35
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