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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Thai Baht/Malaysian Ringt (FOREX:THBMYR)

Bear Market Rally (-75) - THBMYR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on THBMYR as it may be in the beginning 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
0.13046726 0.13046726 0.13002057 0.13027406 -0.00019300
Entry Signal

MarketClub’s Trade Triangles for THBMYR

long term down The long-term trend has been DOWN since May 4th, 2025 at 0.12774249

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2025 at 0.12867814

short term up The short-term trend has been UP since May 5th, 2025 at 0.12945525

Smart Scan Analysis for THBMYR

Based on our trend formula, THBMYR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for THBMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13046726 0.13046726 0.13002057 0.13027406 -0.00019300
Prev. Close Volume Bid Ask Time
0.13046726 2025-05-09 05:19:42
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