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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MYRTHB
Open High Low MYRTHB Price Change
7.66110 7.69025 7.65395 7.68260 +0.02150
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term down The long term trend has been DOWN since Sep 5th, 2018 at 7.90585

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 7.82305

short term up The short term trend has been UP since Feb 22nd, 2019 at 7.67640

Smart Scan Analysis for MYRTHB

Based on a pre-defined weighted trend formula for chart analysis, MYRTHB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.66110 7.69025 7.65395 7.68260 +0.02150
Prev. Close Volume Bid Ask Time
7.66110 7.67500 7.69020 2019-02-22 21:15:02
Want to analyze Malaysian Ringt/Thai Baht MYRTHB or another symbol? Try our Free Forex Trend Analysis Report.