Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Long-Term Uptrend (+90) - KRWTHB is in a strong uptrend that is likely to continue. While KRWTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for KRWTHB
The long-term trend has been UP since Nov 5th, 2019 at 2.6070500
The intermediate-term trend has been UP since Jan 8th, 2020 at 2.6082667
The short-term trend has been UP since Feb 17th, 2020 at 2.6387060
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).