Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Thai Baht/Malaysian Ringt (FOREX:THBMYR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for THBMYR
The long term trend has been UP since Aug 28th, 2018 at 0.126130
The intermediate term trend has been UP since Aug 2nd, 2019 at 0.134975
The short term trend has been UP since Oct 15th, 2019 at 0.137855
Smart Scan Analysis for THBMYR
Based on a pre-defined weighted trend formula for chart analysis, THBMYR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13798034 | 0.13845811 | 0.13775544 | 0.13824529 | +0.00026500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13798034 | 0.13816272 | 0.13832787 | 2019-10-17 23:09:08 |