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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Thai Baht/Malaysian Ringt (FOREX:THBMYR)
Countertrend Down (-85) - THBMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 May 4th, 2025 at 0.12774249
The intermediate-term trend has been DOWN since May 4th, 2025 at 0.12867814
The short-term trend has been UP since May 5th, 2025 at 0.12945525
Smart Scan Analysis for THBMYR
Based on our trend formula, THBMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13046726 | 0.13046726 | 0.13028995 | 0.13028995 | -0.00017700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13046726 | 2025-05-09 03:20:20 |