Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Thai Baht/South Korean Won (FOREX:THBKRW)
Strong Uptrend (+100) - THBKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, THBKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jan 29th, 2021 at 37.313021
The intermediate-term trend has been UP since Jan 18th, 2021 at 36.763394
The short-term trend has been UP since Feb 26th, 2021 at 37.100600
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).