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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Bull Market Weakness (+75) - THBJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBJPY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid THBJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBJPY
Open High Low THBJPY Price Change
4.1558085 4.1729292 4.1558085 4.1713848 +0.0155760
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long-term trend has been UP since Jan 23rd, 2023 at 3.9815634

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2024 at 4.1451218

short term up The short-term trend has been UP since Mar 15th, 2024 at 4.1545073

Smart Scan Analysis for THBJPY

Based on our trend formula, THBJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1558085 4.1729292 4.1558085 4.1713848 +0.0155760
Prev. Close Volume Bid Ask Time
4.1558085 2024-03-19 03:07:28
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