Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Long-Term Downtrend (-90) - JPYTHB is in a strong downtrend that is likely to continue. While JPYTHB is showing intraday strength, it remains in the confines of a bearish trend. 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, 2021 at 0.28969587
The intermediate-term trend has been DOWN since Dec 24th, 2021 at 0.29218374
The short-term trend has been DOWN since Jan 17th, 2022 at 0.28931801
Smart Scan Analysis for JPYTHB
Based on our trend formula, JPYTHB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).