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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
South African Rand/Macau Pataca (FOREX:ZARMOP)
Crossroads (-60) - ZARMOP is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for ZARMOP
The long-term trend has been UP since May 7th, 2024 at 0.43592536
The intermediate-term trend has been DOWN since Oct 20th, 2024 at 0.45433192
The short-term trend has been DOWN since Oct 20th, 2024 at 0.45433192
Smart Scan Analysis for ZARMOP
Based on our trend formula, ZARMOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.44315895 | 0.44457090 | 0.44315895 | 0.44457090 | +0.00141200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.44280541 | 2024-11-18 21:06:10 |