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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.

FOREX_THBKRW
Open High Low THBKRW Price Change
36.041201 36.041201 36.041201 36.041201 0.000000
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long-term trend has been DOWN since Mar 24th, 2020 at 37.464117

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2020 at 37.630949

short term down 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).

-100
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.041201 36.041201 36.041201 36.041201 0.000000
Prev. Close Volume Bid Ask Time
36.041201 2020-10-24 05:24:07
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