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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Japanese Yen/Thai Baht (FOREX:JPYTHB)

Countertrend Down (-85) - JPYTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_JPYTHB
Open High Low JPYTHB Price Change
0.21698257 0.21725064 0.21591033 0.21591033 -0.00107200
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term down The long-term trend has been DOWN since Sep 26th, 2024 at 0.22401401

intermediate term down The intermediate-term trend has been DOWN since Dec 11th, 2024 at 0.22178306

short term up The short-term trend has been UP since Dec 25th, 2024 at 0.21925506

Smart Scan Analysis for JPYTHB

Based on our trend formula, JPYTHB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21698257 0.21725064 0.21591033 0.21591033 -0.00107200
Prev. Close Volume Bid Ask Time
0.21698257 2024-12-26 10:46:05
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