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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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.

FOREX_THBKRW
Open High Low THBKRW Price Change
36.985718 37.090684 36.864453 36.931187 -0.054531
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 38.006596

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 36.854871

short term down The short-term trend has been DOWN since Mar 19th, 2024 at 37.018076

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).

-70
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.985718 37.090684 36.864453 36.931187 -0.054531
Prev. Close Volume Bid Ask Time
36.985718 2024-03-28 22:03:45
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