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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Bear Market Rally (-75) - MYRTHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRTHB as it may be in the beginning 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.

FOREX_MYRTHB
Open High Low MYRTHB Price Change
7.649288 7.676352 7.609665 7.632628 -0.016660
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term down The long-term trend has been DOWN since Oct 17th, 2024 at 7.677548

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 7.699178

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 7.658931

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).

-75
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.649288 7.676352 7.609665 7.632628 -0.016660
Prev. Close Volume Bid Ask Time
7.649288 2025-01-20 20:07:25
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