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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.
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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 UP since Jan 6th, 2025 at 7.699178
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).
| 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 |