Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JPYTHB
The long term trend has been UP since Jan 29th, 2020 at 0.28606500
The intermediate term trend has been UP since Jan 3rd, 2020 at 0.27973951
The short term trend has been DOWN since Feb 3rd, 2020 at 0.28473843
Smart Scan Analysis for JPYTHB
Based on a pre-defined weighted trend formula for chart analysis, JPYTHB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).