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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.

FOREX_MYRTHB
Open High Low MYRTHB Price Change
7.503416 7.503416 7.503416 7.503416 0.000000
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long-term trend has been UP since Sep 3rd, 2020 at 7.568268

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2021 at 7.437199

short term up 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).

+90
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.503416 7.503416 7.503416 7.503416 0.000000
Prev. Close Volume Bid Ask Time
7.503416 2021-02-28 01:49:45
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