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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

Thai Baht/South Korean Won (FOREX:THBKRW)

Strong Uptrend (+100) - THBKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
37.506260 37.815294 37.448477 37.743793 +0.237533
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 up The intermediate-term trend has been UP since May 17th, 2024 at 37.461749

short term up The short-term trend has been UP since Jun 14th, 2024 at 37.603471

Smart Scan Analysis for THBKRW

Based on our trend formula, THBKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.506260 37.815294 37.448477 37.743793 +0.237533
Prev. Close Volume Bid Ask Time
37.506260 2024-06-14 19:18:05
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