Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
South Korean Won/Thai Baht (FOREX:KRWTHB)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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 Mar 25th, 2019 at 2.78510
The short term trend has been DOWN since Mar 22nd, 2019 at 2.79390
Smart Scan Analysis for KRWTHB
Based on a pre-defined weighted trend formula for chart analysis, KRWTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).