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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Malaysian Ringt/Thai Baht (FOREX:MYRTHB)

Sidelines Mode (+55) - MYRTHB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
8.025946 8.025946 7.986416 7.986416 -0.039530
Entry Signal

MarketClub’s Trade Triangles for MYRTHB

long term up The long-term trend has been UP since Sep 3rd, 2020 at 7.568268

intermediate term up The intermediate-term trend has been UP since Sep 13th, 2021 at 7.912052

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 7.988596

Smart Scan Analysis for MYRTHB

Based on our trend formula, MYRTHB is rated as a +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
8.025946 8.025946 7.986416 7.986416 -0.039530
Prev. Close Volume Bid Ask Time
8.025946 2021-10-25 04:28:07
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