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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Malaysian Ringt/Thai Baht (FOREX:MYRTHB)
Sidelines Mode (-55) - MYRTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Apr 16th, 2025 at 7.527147
The intermediate-term trend has been UP since May 5th, 2025 at 7.819779
The short-term trend has been DOWN since May 7th, 2025 at 7.719254
Smart Scan Analysis for MYRTHB
Based on our trend formula, MYRTHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.697232 | 7.705934 | 7.691846 | 7.695575 | -0.001657 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.697232 | 2025-05-09 02:54:54 |