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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.

FOREX_THBKRW
Open High Low THBKRW Price Change
39.076556 39.076556 39.076556 39.076556 0.000000
Entry Signal

MarketClub’s Trade Triangles for THBKRW

long term down The long term trend has been DOWN since Nov 4th, 2019 at 38.404801

intermediate term up The intermediate term trend has been UP since Nov 20th, 2019 at 38.866335

short term down 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).

-55
Smart Scan Analysis for THBKRW
Strong Downtrend Sideways 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
Want to analyze Thai Baht/South Korean Won THBKRW or another symbol? Try our Free Forex Trend Analysis Report.