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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Sidelines Mode (-55) - MYRTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_MYRTHB
Open High Low MYRTHB Price Change
7.638171 7.696328 7.638171 7.657559 +0.019388
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long-term trend has been UP since Mar 12th, 2024 at 7.634819

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 7.595584

short term up The short-term trend has been UP since Apr 15th, 2024 at 7.674323

Smart Scan Analysis for MYRTHB

Based on our trend formula, MYRTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.638171 7.696328 7.638171 7.657559 +0.019388
Prev. Close Volume Bid Ask Time
7.638171 2024-04-15 17:23:40
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