Forex Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
Thai Baht/Malaysian Ringt (FOREX:THBMYR)
Bull Market Weakness (+75) - THBMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBMYR as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for THBMYR
The long-term trend has been DOWN since Mar 27th, 2024 at 0.13038010
The intermediate-term trend has been UP since May 16th, 2024 at 0.12965499
The short-term trend has been UP since May 15th, 2024 at 0.12925189
Smart Scan Analysis for THBMYR
Based on our trend formula, THBMYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.12915317 | 0.12917241 | 0.12915317 | 0.12916615 | +0.00001300 |
Prev. Close | Volume | Bid | Ask | Time |
0.12915317 | 2024-05-17 01:21:05 |