Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for KRWTHB
The long-term trend has been DOWN since Jul 9th, 2024 at 0.02625242
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.02442850
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).
| 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 |