Forex Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Thai Baht/South Korean Won (FOREX:THBKRW)
Strong Downtrend (-100) - THBKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for THBKRW
The long-term trend has been DOWN since Mar 24th, 2020 at 37.464117
The intermediate-term trend has been DOWN since Sep 17th, 2020 at 37.630949
The short-term trend has been DOWN since Oct 8th, 2020 at 36.829872
Smart Scan Analysis for THBKRW
Based on our trend formula, THBKRW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).