Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for KRWTHB
The long term trend has been DOWN since Jan 2nd, 2019 at 2.86385
The intermediate term trend has been DOWN since Apr 24th, 2019 at 2.78185
The short term trend has been UP since Jul 18th, 2019 at 2.62815
Smart Scan Analysis for KRWTHB
Based on a pre-defined weighted trend formula for chart analysis, KRWTHB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.62445 | 2.62645 | 2.61660 | 2.62270 | -0.00175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.62445 | 2.62080 | 2.62460 | 2019-07-19 10:38:18 |