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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South African Rand/Myanmar Kyat (FOREX:ZARMMK)

Long-Term Uptrend (+90) - ZARMMK is in a strong uptrend that is likely to continue. While ZARMMK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZARMMK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMMK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARMMK
Open High Low ZARMMK Price Change
95.37188 95.37188 95.37188 95.37188 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARMMK

long term up The long-term trend has been UP since Nov 11th, 2020 at 81.92319

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 89.99242

short term up The short-term trend has been UP since Feb 23rd, 2021 at 96.47992

Smart Scan Analysis for ZARMMK

Based on our trend formula, ZARMMK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.37188 95.37188 95.37188 95.37188 0.00000
Prev. Close Volume Bid Ask Time
95.37188 2021-02-25 07:31:42
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