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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

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

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.

FOREX_MYRTHB
Open High Low MYRTHB Price Change
7.783086 7.788177 7.783086 7.788177 +0.005091
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long-term trend has been UP since Mar 12th, 2024 at 7.634819

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2024 at 7.708047

short term up The short-term trend has been UP since May 23rd, 2024 at 7.782376

Smart Scan Analysis for MYRTHB

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

+75
Smart Scan Analysis for MYRTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.783086 7.788177 7.783086 7.788177 +0.005091
Prev. Close Volume Bid Ask Time
7.783086 2024-05-26 12:02:14
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