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Forex Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

Thai Baht/Malaysian Ringt (FOREX:THBMYR)

Weak Uptrend (+65) - THBMYR is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_THBMYR
Open High Low THBMYR Price Change
0.12881047 0.12950870 0.12875608 0.12950870 +0.00069800
Entry Signal

MarketClub’s Trade Triangles for THBMYR

long term up The long-term trend has been UP since Sep 9th, 2022 at 0.12823151

intermediate term up The intermediate-term trend has been UP since Dec 13th, 2022 at 0.12782758

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 0.13046674

Smart Scan Analysis for THBMYR

Based on our trend formula, THBMYR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for THBMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12881047 0.12950870 0.12875608 0.12950870 +0.00069800
Prev. Close Volume Bid Ask Time
0.12881047 2023-01-27 19:35:28
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