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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

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, JPYTHB 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.

FOREX_JPYTHB
Open High Low JPYTHB Price Change
0.23311022 0.23316802 0.23023086 0.23104450 -0.00206600
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term down The long-term trend has been DOWN since Sep 6th, 2022 at 0.25630960

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.23777023

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.23790928

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).

-100
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23311022 0.23316802 0.23023086 0.23104450 -0.00206600
Prev. Close Volume Bid Ask Time
0.23311022 2024-05-20 04:45:33
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