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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Weak Downtrend (-65) - MYRTHB is showing signs of a strengthening downtrend. Monitor MYRTHB as it may be building momentum to the downside.

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
7.731217 7.736210 7.731217 7.736210 +0.004993
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term down The long-term trend has been DOWN since Nov 7th, 2022 at 7.884189

intermediate term down The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 7.743731

short term up The short-term trend has been UP since Mar 21st, 2023 at 7.664068

Smart Scan Analysis for MYRTHB

Based on our trend formula, MYRTHB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.731217 7.736210 7.731217 7.736210 +0.004993
Prev. Close Volume Bid Ask Time
7.731217 2023-03-23 00:24:32
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