Free Thai baht With Japanese yen (THBJPY(Forex)) Technical Analysis Signals

Overal Signal
Buy
Signals
Buy Neutral Hold Hold
Last Update / Period
06 Dec / Daily
Category/Currency
Forex/JPY
Exchange/Country
FX/--

Thai baht With Japanese yen (THBJPY(Forex)) signal with technical analysis on 06 Dec

On 06 Dec, we conducted a comprehensive technical analysis of Thai baht With Japanese yen (THBJPY(Forex)), considering 256 signals with intricate details. Here are the key findings: 60 signals suggested buy strategies, while 86 indicated sell strategies. The remaining 110 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 27
Sell Signals: 5
Neutral Signals: 32
Result: This strategy leads to a Buy position.

Strategy 2:
Buy Signals: 18
Sell Signals: 21
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 8
Sell Signals: 30
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 7
Sell Signals: 30
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 60
Sell Signals: 86
Neutral Signals: 110
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Thai baht With Japanese yen (THBJPY(Forex)) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Thai baht With Japanese yen (THBJPY(Forex)) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Thai baht With Japanese yen (THBJPY(Forex)) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Thai baht With Japanese yen (THBJPY(Forex)) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Thai baht With Japanese yen (THBJPY(Forex))** holdings.

Thai baht With Japanese yen (THBJPY(Forex)) Price Analysis and Resistance Levels:

Given our current long position in Thai baht With Japanese yen (THBJPY(Forex)), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0): The primary hurdle we face is the 0 price level. If the current trend remains unchanged, Thai baht With Japanese yen (THBJPY(Forex)) could break above this level, signaling its strength and potential for further growth.

It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Thai baht With Japanese yen (THBJPY(Forex)), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Thai baht With Japanese yen (THBJPY(Forex)) technical analysis chart

Thai baht With Japanese yen (THBJPY(Forex)) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 4.289 4.02 3.762 3.524 --
 Thai baht With Japanese yen (THBJPY(Forex)) Support and Resistance area (06 Dec)

Thai baht With Japanese yen (THBJPY(Forex)) signals list for 06 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Thai baht With Japanese yen (THBJPY(Forex)) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Dec Buy BuyNeutralHoldHold
2 04 Dec Hold NeutralNeutralHoldHold
3 03 Dec Hold HoldHoldHoldHold
4 02 Dec Hold HoldHoldHoldHold
5 01 Dec Hold HoldHoldHoldHold
6 29 Nov Hold HoldHoldHoldHold
7 28 Nov Hold HoldHoldHoldHold
8 27 Nov Hold HoldHoldHoldHold
9 26 Nov Hold HoldHoldHoldHold
10 25 Nov Sell SellSellSellSell
11 22 Nov Buy BuyNeutralNeutralNeutral
12 21 Nov Sell NeutralSellSellHold
13 20 Nov Hold HoldNeutralNeutralHold
14 19 Nov Hold HoldNeutralNeutralHold
15 18 Nov Hold NeutralNeutralHoldHold
16 17 Nov Hold NeutralHoldHoldHold
17 15 Nov Sell SellHoldHoldHold
18 14 Nov Hold NeutralHoldHoldHold
19 13 Nov Hold HoldHoldHoldHold
20 12 Nov Hold HoldHoldHoldHold
21 11 Nov Hold HoldHoldHoldHold
22 10 Nov Hold HoldHoldHoldHold
23 08 Nov Sell SellHoldHoldSell
24 07 Nov Hold NeutralHoldHoldNeutral
25 06 Nov Sell SellHoldSellSell
26 05 Nov Hold NeutralNeutralNeutralNeutral
27 04 Nov Hold HoldHoldNeutralNeutral
28 03 Nov Hold HoldSellNeutralNeutral
29 01 Nov Hold HoldNeutralNeutralNeutral
30 31 Oct Sell SellNeutralNeutralNeutral

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