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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Sidelines Mode (+55) - THBJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_THBJPY
Open High Low THBJPY Price Change
3.8159203 3.8231648 3.7853311 3.7853964 -0.0305240
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long-term trend has been UP since Nov 9th, 2021 at 3.4517262

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2022 at 3.8068693

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 3.8047757

Smart Scan Analysis for THBJPY

Based on our trend formula, THBJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8159203 3.8231648 3.7853311 3.7853964 -0.0305240
Prev. Close Volume Bid Ask Time
3.8159203 2022-07-05 09:30:33
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