Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Malaysian Ringt/Thai Baht (FOREX:MYRTHB)
Bull Market Weakness (+75) - MYRTHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MYRTHB as it may be in the beginning stages of a reversal.
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 DOWN since May 10th, 2024 at 7.762471
Smart Scan Analysis for MYRTHB
Based on our trend formula, MYRTHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.786711 | 7.788874 | 7.760700 | 7.764817 | -0.021894 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.786711 | 2024-05-10 12:15:50 |