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.
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MarketClub’s Trade Triangles for ZARMMK
The long-term trend has been DOWN since Feb 14th, 2024 at 110.01021
The intermediate-term trend has been UP since Mar 4th, 2024 at 110.09164
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).
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 |