Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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.

FOREX_ZARMYR
Open High Low ZARMYR Price Change
0.292795 0.296220 0.291455 0.296220 +0.003425
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 0.319020

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2018 at 0.293085

short term up The short term trend has been UP since Dec 12th, 2018 at 0.295955

Smart Scan Analysis for ZARMYR

Based on a pre-defined weighted trend formula for chart analysis, ZARMYR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.292795 0.296220 0.291455 0.296220 +0.003425
Prev. Close Volume Bid Ask Time
0.292795 0.296040 0.296400 2018-12-12 10:42:55
Want to analyze South African Rand/Malaysian Ringt ZARMYR or another symbol? Try our Free Forex Trend Analysis Report.