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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.

FOREX_JPYTHB
Open High Low JPYTHB Price Change
0.28534848 0.28660860 0.28502119 0.28646531 +0.00111700
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 0.29001714

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 0.28613962

short term up 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).

+50
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28534848 0.28660860 0.28502119 0.28646531 +0.00111700
Prev. Close Volume Bid Ask Time
0.28534848 2021-05-06 14:43:46
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