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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Crossroads (-60) - THBJPY is struggling to move into a solid trend. Beware of choppy markets 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
3.4634925 3.4829721 3.4613034 3.4816691 +0.0181770
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 down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 3.4949199

short term down The short-term trend has been DOWN since Apr 5th, 2021 at 3.5304664

Smart Scan Analysis for THBJPY

Based on our trend formula, THBJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4634925 3.4829721 3.4613034 3.4816691 +0.0181770
Prev. Close Volume Bid Ask Time
3.4634925 2021-04-14 13:55:28
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