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.
MarketClub’s Trade Triangles for JPYTHB
The long-term trend has been UP since Jan 29th, 2020 at 0.28606500
The intermediate-term trend has been DOWN since May 8th, 2020 at 0.29900902
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).