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.
MarketClub’s Trade Triangles for MYRTHB
The long-term trend has been DOWN since Nov 7th, 2022 at 7.884189
The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 7.743731
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).