THBKRW NEWS why is Thai Baht / Korean Won price falling or rising

THBKRW NEWS reasons for why stock price of Thai Baht / Korean Won is falling or rising

THBKRW Thai Baht is falling or rising technical reasons

Technical analysis forecast for Thai Baht Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Thai Baht THBKRW at this time. Stock is falling and might fall more.

It appears as if Thai Baht THBKRW gave a large move recently.

Stock of Thai Baht (THBKRW) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Thai Baht is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37 as stoploss in an intra day buy trade for a target of 37.28. However, stock will show a bearish move below 37.

THBKRW Thai Baht is falling or rising NEWS fundamental reasons

More announcements and NEWS

THBKRW Thai Baht / Korean Won current price & indicator signals

Moving Averages for Thai Baht / Korean Won

  • 5Day Average: 37.45
  • 12Day Average: 37.37
  • 20Day Average: 37.21
  • 50Day Average: 37.13
  • 100Day Average: 37.28
  • 150Day Average: 37.16
  • 200Day Average: 37.23

THBKRW Indicators & signals

Indicator MACD (12,26,9)

37.35, 37.24, 0.1
Indicator MACD is in positive zone

Indicator ADX (14)

5.26, 37.04, 33.33
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of THBKRW Thai Baht / Korean Won are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Mon Apr 2024 37.13000 37.12800 to 37.39500 -0.49% 0 times
19 Fri Apr 2024 37.31300 37.31200 to 37.73400 -0.33% 0 times
18 Thu Apr 2024 37.43800 37.34100 to 37.51600 -0.09% 0 times
17 Wed Apr 2024 37.47000 37.47000 to 37.88400 -1.17% 0 times
16 Tue Apr 2024 37.91200 37.78800 to 38.07000 0.35% 0 times
15 Mon Apr 2024 37.77800 37.63900 to 37.83400 0.32% 0 times
12 Fri Apr 2024 37.65900 37.55400 to 37.91900 0.27% 0 times
11 Thu Apr 2024 37.55800 37.09900 to 37.55800 1.08% 0 times
10 Wed Apr 2024 37.15500 37.06500 to 37.25400 -0.06% 0 times
09 Tue Apr 2024 37.17800 36.87000 to 37.25900 0.82% 0 times
08 Mon Apr 2024 36.87500 36.83600 to 36.96800 -0.39% 0 times
01 Mon Apr 2024 37.01900 36.93600 to 37.11600 0.13% 0 times

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