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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Thai Baht/South Korean Won (FOREX:THBKRW)

Bull Market Weakness (+75) - THBKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBKRW as it may be in the beginning stages of a reversal.

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
35.398363 35.398363 35.398363 35.398363 0.000000
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term up The long-term trend has been UP since Oct 12th, 2021 at 36.028900

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 35.718844

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 35.530649

Smart Scan Analysis for THBKRW

Based on our trend formula, THBKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.398363 35.398363 35.398363 35.398363 0.000000
Prev. Close Volume Bid Ask Time
35.398363 2021-10-17 06:17:00
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