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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Thai Baht/Malaysian Ringt (FOREX:THBMYR)
Long-Term Uptrend (+90) - THBMYR is in a strong uptrend that is likely to continue. While THBMYR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 29th, 2024 at 0.13011696
The intermediate-term trend has been UP since Dec 3rd, 2024 at 0.13002038
The short-term trend has been UP since Nov 28th, 2024 at 0.12910272
Smart Scan Analysis for THBMYR
Based on our trend formula, THBMYR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12976488 | 0.13026496 | 0.12976488 | 0.13011438 | +0.00035000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12976488 | 2024-12-03 20:32:38 |