Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Japanese Yen/Thai Baht (FOREX:JPYTHB)

Sidelines Mode (-55) - JPYTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_JPYTHB
Open High Low JPYTHB Price Change
0.29496584 0.29496584 0.29496584 0.29496584 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term up The long-term trend has been UP since Jan 29th, 2020 at 0.28606500

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2020 at 0.29900902

short term up The short-term trend has been UP since May 29th, 2020 at 0.29701340

Smart Scan Analysis for JPYTHB

Based on our trend formula, JPYTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29496584 0.29496584 0.29496584 0.29496584 0.00000000
Prev. Close Volume Bid Ask Time
0.29496584 0.29467343 0.29525824 2020-05-30 21:53:24
Get a free daily analysis and signals for Japanese Yen/Thai Baht (JPYTHB) - Request Your Free Report.