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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

South African Rand/Macau Pataca (FOREX:ZARMOP)

Sidelines Mode (+50) - ZARMOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARMOP can gain momentum.

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.

FOREX_ZARMOP
Open High Low ZARMOP Price Change
0.43609168 0.43609168 0.43609168 0.43609168 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 0.44063258

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2023 at 0.44063258

short term up The short-term trend has been UP since Mar 14th, 2023 at 0.44063258

Smart Scan Analysis for ZARMOP

Based on our trend formula, ZARMOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43609168 0.43609168 0.43609168 0.43609168 0.00000000
Prev. Close Volume Bid Ask Time
0.43609168 2023-03-18 03:55:51
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