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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Thai Baht/Malaysian Ringt (FOREX:THBMYR)

Bull Market Weakness (+75) - THBMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBMYR as it may be in the beginning stages of a reversal.

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.

FOREX_THBMYR
Open High Low THBMYR Price Change
0.13652150 0.13653004 0.13631678 0.13651723 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for THBMYR

long term down The long-term trend has been DOWN since Mar 31st, 2020 at 0.13070653

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2020 at 0.13478087

short term up The short-term trend has been UP since May 7th, 2020 at 0.13351343

Smart Scan Analysis for THBMYR

Based on our trend formula, THBMYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for THBMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13652150 0.13653004 0.13631678 0.13651723 -0.00000400
Prev. Close Volume Bid Ask Time
0.13652150 0.13643901 0.13659544 2020-05-25 05:23:41
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