Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Malaysian Ringt/Thai Baht (FOREX:MYRTHB)
Crossroads (+60) - MYRTHB is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for MYRTHB
The long-term trend has been UP since Sep 3rd, 2020 at 7.568268
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 7.903954
The short-term trend has been DOWN since Jan 27th, 2022 at 7.855103
Smart Scan Analysis for MYRTHB
Based on our trend formula, MYRTHB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).