Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Thai Baht/South Korean Won (FOREX:THBKRW)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for THBKRW
The long term trend has been DOWN since Nov 4th, 2019 at 38.404801
The intermediate term trend has been DOWN since Dec 16th, 2019 at 38.725348
The short term trend has been DOWN since Jan 7th, 2020 at 38.593243
Smart Scan Analysis for THBKRW
Based on a pre-defined weighted trend formula for chart analysis, THBKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.076323 | 38.230820 | 37.967507 | 38.209280 | +0.132957 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.076323 | 38.205331 | 38.213228 | 2020-01-17 14:57:16 |