Analyze Symbol
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.
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MarketClub’s Trade Triangles for MYRTHB
The long term trend has been DOWN since Sep 5th, 2018 at 7.90585
The intermediate term trend has been DOWN since Dec 11th, 2018 at 7.82305
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).
| 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 |