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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Japanese Yen/Thai Baht (FOREX:JPYTHB)

Countertrend Down (-85) - JPYTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.23792852 0.23792852 0.23792852 0.23792852 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term down The long-term trend has been DOWN since Sep 6th, 2022 at 0.25630960

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.23777023

short term up The short-term trend has been UP since Apr 18th, 2024 at 0.23896101

Smart Scan Analysis for JPYTHB

Based on our trend formula, JPYTHB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23792852 0.23792852 0.23792852 0.23792852 0.00000000
Prev. Close Volume Bid Ask Time
0.23792852 2024-04-20 00:19:31
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