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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for THBKRW
The long-term trend has been UP since Jan 2nd, 2024 at 38.006596
The intermediate-term trend has been UP since May 17th, 2024 at 37.461749
The short-term trend has been UP since Jul 26th, 2024 at 38.433269
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.352883 | 38.589047 | 38.327982 | 38.574373 | +0.221490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.352883 | 2024-07-26 19:55:10 |