Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Malaysian Ringt/Thai Baht (FOREX:MYRTHB)
Long-Term Uptrend (+90) - MYRTHB is in a strong uptrend that is likely to continue. While MYRTHB 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 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.
MarketClub’s Trade Triangles for MYRTHB
The long-term trend has been UP since Sep 3rd, 2020 at 7.568268
The intermediate-term trend has been UP since Feb 18th, 2021 at 7.437199
The short-term trend has been UP since Feb 18th, 2021 at 7.428192
Smart Scan Analysis for MYRTHB
Based on our trend formula, MYRTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).