Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 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 DOWN since Nov 9th, 2020 at 0.29001714
The intermediate-term trend has been UP since Feb 26th, 2021 at 0.28642480
The short-term trend has been UP since Feb 25th, 2021 at 0.28586854
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).