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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Japanese Yen/Thai Baht (FOREX:JPYTHB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

FOREX_JPYTHB
Open High Low JPYTHB Price Change
0.283485 0.283485 0.283485 0.283485 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYTHB

long term down The long term trend has been DOWN since Sep 12th, 2019 at 0.281575

intermediate term down The intermediate term trend has been DOWN since Aug 25th, 2019 at 0.287595

short term up The short term trend has been UP since Sep 19th, 2019 at 0.283560

Smart Scan Analysis for JPYTHB

Based on a pre-defined weighted trend formula for chart analysis, JPYTHB scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for JPYTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.283485 0.283485 0.283485 0.283485 0.000000
Prev. Close Volume Bid Ask Time
0.283485 0.283190 0.283780 2019-09-21 00:39:56
Want to analyze Japanese Yen/Thai Baht JPYTHB or another symbol? Try our Free Forex Trend Analysis Report.