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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Thai Baht/Malaysian Ringt (FOREX:THBMYR)
Crossroads (-60) - THBMYR 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 THBMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBMYR.
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 THBMYR
The long-term trend has been UP since Oct 29th, 2024 at 0.13011696
The intermediate-term trend has been DOWN since Jan 28th, 2025 at 0.12938997
The short-term trend has been DOWN since Feb 21st, 2025 at 0.13152206
Smart Scan Analysis for THBMYR
Based on our trend formula, THBMYR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13146071 | 0.13157150 | 0.13146071 | 0.13157150 | +0.00011100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13146071 | 2025-02-21 15:25:07 |