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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

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
40.316555 40.787496 40.290155 40.740429 +0.423874
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 38.006596

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 40.478494

short term up The short-term trend has been UP since Nov 22nd, 2024 at 40.646165

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
40.316555 40.787496 40.290155 40.740429 +0.423874
Prev. Close Volume Bid Ask Time
40.316555 2024-11-22 14:07:35
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