Forex Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for JPYTHB
The long term trend has been UP since Feb 15th, 2018 at 0.294845
The intermediate term trend has been DOWN since Mar 13th, 2018 at 0.292025
The short term trend has been UP since Mar 22nd, 2018 at 0.296010
Smart Scan Analysis for JPYTHB
Based on a pre-defined weighted trend formula for chart analysis, JPYTHB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).