Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Thai Baht/Japanese Yen (FOREX:THBJPY)
Long-Term Uptrend (+90) - THBJPY is in a strong uptrend that is likely to continue. While THBJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Jan 23rd, 2023 at 3.9815634
The intermediate-term trend has been UP since Apr 11th, 2024 at 4.2056646
The short-term trend has been UP since Apr 25th, 2024 at 4.2047944
Smart Scan Analysis for THBJPY
Based on our trend formula, THBJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.1835239 | 4.2080540 | 4.1831972 | 4.1957157 | +0.0121920 |
Prev. Close | Volume | Bid | Ask | Time |
4.1835239 | 2024-04-25 11:13:37 |