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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Malaysian Ringt/Thai Baht (FOREX:MYRTHB)
Countertrend Down (-85) - MYRTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Apr 16th, 2025 at 7.527147
The intermediate-term trend has been DOWN since May 23rd, 2025 at 7.650893
The short-term trend has been UP since May 30th, 2025 at 7.764767
Smart Scan Analysis for MYRTHB
Based on our trend formula, MYRTHB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.747624 | 7.777499 | 7.705445 | 7.705445 | -0.042179 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.747624 | 2025-05-30 20:19:07 |