Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Crossroads (-60) - JPYTHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for JPYTHB
The long-term trend has been UP since Jul 6th, 2021 at 0.29231295
The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.30106964
The short-term trend has been DOWN since Oct 25th, 2021 at 0.29193125
Smart Scan Analysis for JPYTHB
Based on our trend formula, JPYTHB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).