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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

Open High Low ZARMYR Price Change
0.30559 0.30673 0.30422 0.30481 -0.00078
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 0.31902

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 0.30035

short term up The short term trend has been UP since Jul 12th, 2018 at 0.30389

Smart Scan Analysis for ZARMYR

Based on a pre-defined weighted trend formula for chart analysis, ZARMYR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30559 0.30673 0.30422 0.30481 -0.00078
Prev. Close Volume Bid Ask Time
0.30559 0.30462 0.30500 2018-07-16 22:16:26
Want to analyze South African Rand/Malaysian Ringt ZARMYR or another symbol? Try our Free Forex Trend Analysis Report.