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Forex Trend Analysis Report

Prepared for you on Saturday, June 24, 2017.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_THBJPY
Open High Low THBJPY Price Change
3.27825 3.28025 3.27825 3.28025 +0.00200
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long term trend has been UP since May 9th, 2017 at 3.27760

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2017 at 3.25030

short term down The short term trend has been DOWN since Jun 22nd, 2017 at 3.26785

Smart Scan Analysis for THBJPY

Based on a pre-defined weighted trend formula for chart analysis, THBJPY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.27825 3.28025 3.27825 3.28025 +0.00200
Prev. Close Volume Bid Ask Time
3.27825 3.27970 3.28080 2017-06-24 11:24:42
Want to analyze Thai Baht/Japanese Yen THBJPY or another symbol? Try our Free Forex Trend Analysis Report.