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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

South Korean Won/Thai Baht (FOREX:KRWTHB)

Sidelines Mode (-55) - KRWTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid KRWTHB?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWTHB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWTHB
Open High Low KRWTHB Price Change
2.5785222 2.5795870 2.5748156 2.5763552 -0.0021670
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term up The long-term trend has been UP since Mar 24th, 2020 at 2.6684988

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2020 at 2.6517726

short term up The short-term trend has been UP since Jun 1st, 2020 at 2.5857756

Smart Scan Analysis for KRWTHB

Based on our trend formula, KRWTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5785222 2.5795870 2.5748156 2.5763552 -0.0021670
Prev. Close Volume Bid Ask Time
2.5785222 2.5737892 2.5789211 2020-06-02 02:06:20
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