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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Countertrend Down (-85) - JPYTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid JPYTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYTHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYTHB
The long-term trend has been DOWN since Sep 6th, 2022 at 0.25630960
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.23777023
The short-term trend has been UP since Apr 18th, 2024 at 0.23896101
Smart Scan Analysis for JPYTHB
Based on our trend formula, JPYTHB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23883408 | 0.23927610 | 0.23842669 | 0.23857925 | -0.00025500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23883408 | 2024-04-19 06:07:47 |