Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Japanese Yen/Thai Baht (FOREX:JPYTHB)
Bull Market Weakness (+75) - JPYTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYTHB as it may be in the beginning stages of a reversal.
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 Sep 6th, 2022 at 0.25630960
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.25924138
The short-term trend has been UP since Mar 20th, 2023 at 0.26112035
Smart Scan Analysis for JPYTHB
Based on our trend formula, JPYTHB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).