Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Strong Downtrend (-100) - JPYTHB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 9th, 2020 at 0.29500767
The short-term trend has been DOWN since Nov 30th, 2020 at 0.29004676
Smart Scan Analysis for JPYTHB
Based on our trend formula, JPYTHB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).