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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Thai Baht/Japanese Yen (FOREX:THBJPY)
Countertrend Up (+85) - THBJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid THBJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for THBJPY
The long-term trend has been UP since Jan 23rd, 2023 at 3.9815634
The intermediate-term trend has been UP since Apr 11th, 2024 at 4.2056646
The short-term trend has been DOWN since Apr 18th, 2024 at 4.1838286
Smart Scan Analysis for THBJPY
Based on our trend formula, THBJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1835239 | 4.1900282 | 4.1831972 | 4.1897263 | +0.0062020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1835239 | 2024-04-25 00:47:01 |