Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
South African Rand/Macau Pataca (FOREX:ZARMOP)
Sidelines Mode (+55) - ZARMOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARMOP
The long-term trend has been UP since Jun 26th, 2020 at 0.46129535
The intermediate-term trend has been UP since Feb 9th, 2021 at 0.53923101
The short-term trend has been DOWN since Feb 25th, 2021 at 0.54077240
Smart Scan Analysis for ZARMOP
Based on our trend formula, ZARMOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).