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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Japanese Yen/Thai Baht (FOREX:JPYTHB)

Weak Downtrend (-65) - JPYTHB is showing signs of a strengthening downtrend. Monitor JPYTHB as it may be building momentum to the downside.

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
0.22301659 0.22303545 0.22223302 0.22273403 -0.00028300
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term down The long-term trend has been DOWN since Sep 26th, 2024 at 0.22401401

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2024 at 0.22413029

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.22319913

Smart Scan Analysis for JPYTHB

Based on our trend formula, JPYTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22301659 0.22303545 0.22223302 0.22273403 -0.00028300
Prev. Close Volume Bid Ask Time
0.22301659 2024-11-20 03:31:20
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