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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Thai Baht/South Korean Won (FOREX:THBKRW)

Crossroads (+60) - THBKRW 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 THBKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBKRW
Open High Low THBKRW Price Change
36.298279 36.344754 36.154007 36.175943 -0.122336
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 34.849617

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 35.658456

short term up The short-term trend has been UP since Jan 12th, 2022 at 35.791227

Smart Scan Analysis for THBKRW

Based on our trend formula, THBKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.298279 36.344754 36.154007 36.175943 -0.122336
Prev. Close Volume Bid Ask Time
36.298279 2022-01-28 12:22:50
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