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Forex Trend Analysis Report

Prepared for you on Wednesday, August 21, 2019.

Thai Baht/South Korean Won (FOREX:THBKRW)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_THBKRW
Open High Low THBKRW Price Change
39.0505 39.1535 38.9605 39.1075 +0.0570
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term up The long term trend has been UP since Jan 2nd, 2019 at 34.9250

intermediate term up The intermediate term trend has been UP since Mar 24th, 2019 at 35.9225

short term down The short term trend has been DOWN since Aug 13th, 2019 at 39.3355

Smart Scan Analysis for THBKRW

Based on a pre-defined weighted trend formula for chart analysis, THBKRW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.0505 39.1535 38.9605 39.1075 +0.0570
Prev. Close Volume Bid Ask Time
39.0505 39.0750 39.1400 2019-08-21 23:26:54
Want to analyze Thai Baht/South Korean Won THBKRW or another symbol? Try our Free Forex Trend Analysis Report.