Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

South African Rand/Myanmar Kyat (FOREX:ZARMMK)

Weak Downtrend (-65) - ZARMMK is showing signs of a strengthening downtrend. Monitor ZARMMK as it may be building momentum to the downside.

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
110.93205 110.93205 110.93205 110.93205 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARMMK

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 110.01021

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 110.09164

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 111.79581

Smart Scan Analysis for ZARMMK

Based on our trend formula, ZARMMK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.93205 110.93205 110.93205 110.93205 0.00000
Prev. Close Volume Bid Ask Time
110.93205 2024-03-29 03:30:07
Get a free daily analysis and signals for South African Rand/Myanmar Kyat (ZARMMK) - Request Your Free Report.