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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Thai Baht/South Korean Won (FOREX:THBKRW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
35.5385 35.6495 35.5105 35.5580 +0.0195
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 down The intermediate term trend has been DOWN since Feb 27th, 2019 at 35.5500

short term down The short term trend has been DOWN since Mar 19th, 2019 at 35.6935

Smart Scan Analysis for THBKRW

Based on a pre-defined weighted trend formula for chart analysis, THBKRW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.5385 35.6495 35.5105 35.5580 +0.0195
Prev. Close Volume Bid Ask Time
35.5385 35.5160 35.6000 2019-03-21 16:22:59
Want to analyze Thai Baht/South Korean Won THBKRW or another symbol? Try our Free Forex Trend Analysis Report.