Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
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 Sep 6th, 2022 at 0.25630960
The intermediate-term trend has been UP since Sep 19th, 2023 at 0.24334896
The short-term trend has been UP since Sep 19th, 2023 at 0.24277571
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).