Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

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
37.108489 37.241633 37.010026 37.082974 -0.025515
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long-term trend has been DOWN since Jun 5th, 2023 at 37.344427

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2023 at 37.396028

short term up The short-term trend has been UP since Nov 17th, 2023 at 36.888905

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
37.108489 37.241633 37.010026 37.082974 -0.025515
Prev. Close Volume Bid Ask Time
37.108489 2023-11-29 14:46:27
Get a free daily analysis and signals for Thai Baht/South Korean Won (THBKRW) - Request Your Free Report.