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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Weak Uptrend (+65) - THBJPY is showing signs of weakening momentum to the upside. Monitor THBJPY as it may be in the beginning stages of a reversal.

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
4.2975738 4.2975738 4.2968081 4.2968081 -0.0007660
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long-term trend has been UP since Jan 23rd, 2023 at 3.9815634

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 4.2305869

short term up The short-term trend has been UP since Jun 14th, 2024 at 4.2989965

Smart Scan Analysis for THBJPY

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

+65
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2975738 4.2975738 4.2968081 4.2968081 -0.0007660
Prev. Close Volume Bid Ask Time
4.2975738 2024-06-15 01:34:35
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