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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Sidelines Mode (+55) - THBJPY 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 THBJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBJPY
Open High Low THBJPY Price Change
3.4527083 3.4535067 3.4430612 3.4430612 -0.0096470
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long-term trend has been UP since Nov 9th, 2020 at 3.4486589

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 3.3890391

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 3.4275159

Smart Scan Analysis for THBJPY

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

+55
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4527083 3.4535067 3.4430612 3.4430612 -0.0096470
Prev. Close Volume Bid Ask Time
3.4527083 2020-12-01 03:49:46
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