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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
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.
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MarketClub’s Trade Triangles for MYRTHB
The long-term trend has been DOWN since Oct 17th, 2024 at 7.677548
The intermediate-term trend has been DOWN since Mar 4th, 2025 at 7.553773
The short-term trend has been UP since Mar 26th, 2025 at 7.657776
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.692887 | 7.696236 | 7.642093 | 7.658142 | -0.034745 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.692887 | 2025-03-31 16:48:15 |