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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Malaysian Ringt/Thai Baht (FOREX:MYRTHB)
Strong Uptrend (+100) - MYRTHB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRTHB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MYRTHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRTHB.
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 MYRTHB
The long-term trend has been UP since Mar 12th, 2024 at 7.634819
The intermediate-term trend has been UP since Apr 24th, 2024 at 7.782333
The short-term trend has been UP since Apr 30th, 2024 at 7.772124
Smart Scan Analysis for MYRTHB
Based on our trend formula, MYRTHB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.796094 | 7.801848 | 7.783716 | 7.792019 | -0.004075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.796094 | 2024-05-09 13:30:12 |