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.
MarketClub’s Trade Triangles for THBKRW
The long-term trend has been UP since Jan 29th, 2021 at 37.313021
The intermediate-term trend has been UP since Mar 4th, 2021 at 37.355667
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).