Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Thai Baht/Japanese Yen (FOREX:THBJPY)
Weak Downtrend (-65) - THBJPY is showing signs of a strengthening downtrend. Monitor THBJPY as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for THBJPY
The long-term trend has been UP since Nov 9th, 2020 at 3.4486589
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 3.4912626
The short-term trend has been DOWN since Feb 25th, 2021 at 3.4984261
Smart Scan Analysis for THBJPY
Based on our trend formula, THBJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).