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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Thai Baht/Japanese Yen (FOREX:THBJPY)
Countertrend Up (+85) - THBJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for THBJPY
The long-term trend has been UP since Sep 26th, 2024 at 4.4641975
The intermediate-term trend has been UP since Dec 11th, 2024 at 4.5089385
The short-term trend has been DOWN since Dec 25th, 2024 at 4.5607865
Smart Scan Analysis for THBJPY
Based on our trend formula, THBJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6080457 | 4.6088903 | 4.6028658 | 4.6085806 | +0.0005350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6080457 | 2024-12-26 04:58:19 |