Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Thai Baht/South Korean Won (FOREX:THBKRW)
Weak Uptrend (+65) - THBKRW is showing signs of weakening momentum to the upside. Monitor 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 Oct 12th, 2021 at 36.028900
The intermediate-term trend has been UP since Oct 11th, 2021 at 35.718844
The short-term trend has been DOWN since Oct 15th, 2021 at 35.530649
Smart Scan Analysis for THBKRW
Based on our trend formula, THBKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).