Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Sidelines Mode (+50) - JPYTHB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JPYTHB can gain momentum.
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.
MarketClub’s Trade Triangles for JPYTHB
The long-term trend has been DOWN since Nov 9th, 2020 at 0.29001714
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.28613962
The short-term trend has been UP since Apr 19th, 2021 at 0.28818419
Smart Scan Analysis for JPYTHB
Based on our trend formula, JPYTHB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).