Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Thai Baht/Malaysian Ringt (FOREX:THBMYR)

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_THBMYR
Open High Low THBMYR Price Change
0.13345 0.13345 0.13345 0.13345 0.00000
Entry Signal

MarketClub’s Trade Triangles for THBMYR

long term up The long term trend has been UP since Aug 28th, 2018 at 0.126130

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2019 at 0.133015

short term up The short term trend has been UP since Jul 17th, 2019 at 0.133215

Smart Scan Analysis for THBMYR

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

-55
Smart Scan Analysis for THBMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13345 0.13345 0.13345 0.13345 0.00000
Prev. Close Volume Bid Ask Time
0.13345 0.13337 0.13353 2019-07-21 00:53:41
Want to analyze Thai Baht/Malaysian Ringt THBMYR or another symbol? Try our Free Forex Trend Analysis Report.