Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Crossroads (-60) - KRWTHB is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for KRWTHB
The long-term trend has been UP since Dec 1st, 2021 at 0.02869670
The intermediate-term trend has been DOWN since Dec 19th, 2021 at 0.02802847
The short-term trend has been DOWN since Jan 11th, 2022 at 0.02788530
Smart Scan Analysis for KRWTHB
Based on our trend formula, KRWTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).