Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Thai Baht/Malaysian Ringt (FOREX:THBMYR)
Sidelines Mode (-50) - THBMYR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until THBMYR can gain momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Jan 28th, 2025 at 0.12938997
The short-term trend has been DOWN since Feb 4th, 2025 at 0.13137334
Smart Scan Analysis for THBMYR
Based on our trend formula, THBMYR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13141013 | 0.13197743 | 0.13119017 | 0.13152432 | +0.00011400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13141013 | 2025-02-04 22:42:36 |