Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Thai Baht/South Korean Won (FOREX:THBKRW)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
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MarketClub’s Trade Triangles for THBKRW
The long term trend has been DOWN since Nov 4th, 2019 at 38.404801
The intermediate term trend has been UP since Nov 20th, 2019 at 38.866335
The short term trend has been DOWN since Dec 6th, 2019 at 39.061245
Smart Scan Analysis for THBKRW
Based on a pre-defined weighted trend formula for chart analysis, THBKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.076556 | 39.076556 | 39.076556 | 39.076556 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.076556 | 39.071615 | 39.081497 | 2019-12-07 14:32:52 |