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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Thai Baht/Japanese Yen (FOREX:THBJPY)

Bull Market Weakness (+75) - THBJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBJPY as it may be in the beginning stages of a reversal.

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
4.5275338 4.5275338 4.5275338 4.5275338 0.0000000
Entry Signal

MarketClub’s Trade Triangles for THBJPY

long term up The long-term trend has been UP since Sep 26th, 2024 at 4.4641975

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2024 at 4.3056214

short term down The short-term trend has been DOWN since Oct 25th, 2024 at 4.4898489

Smart Scan Analysis for THBJPY

Based on our trend formula, THBJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for THBJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5275338 4.5275338 4.5275338 4.5275338 0.0000000
Prev. Close Volume Bid Ask Time
4.5275338 2024-10-26 04:48:47
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