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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

South Korean Won/Thai Baht (FOREX:KRWTHB)

Long-Term Downtrend (-90) - KRWTHB is in a strong downtrend that is likely to continue. While KRWTHB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.02432351 0.02434694 0.02423294 0.02428901 -0.00003400
Entry Signal

MarketClub’s Trade Triangles for KRWTHB

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 0.02625242

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.02442850

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 0.02453946

Smart Scan Analysis for KRWTHB

Based on our trend formula, KRWTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRWTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02432351 0.02434694 0.02423294 0.02428901 -0.00003400
Prev. Close Volume Bid Ask Time
0.02432351 2024-12-04 04:52:17
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