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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Japanese Yen/Thai Baht (FOREX:JPYTHB)

Sidelines Mode (-55) - JPYTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.24024302 0.24164861 0.24005664 0.24076081 +0.00051800
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 up The intermediate-term trend has been UP since Mar 8th, 2024 at 0.24126018

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 0.24073151

Smart Scan Analysis for JPYTHB

Based on our trend formula, JPYTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24024302 0.24164861 0.24005664 0.24076081 +0.00051800
Prev. Close Volume Bid Ask Time
0.24024302 2024-03-18 23:12:14
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