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Forex Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

South African Rand/Macau Pataca (FOREX:ZARMOP)

Countertrend Up (+85) - ZARMOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.48883098 0.48883098 0.48883098 0.48883098 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

long term up The long-term trend has been UP since Jun 26th, 2020 at 0.46129535

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 0.48256260

short term up The short-term trend has been UP since Aug 25th, 2020 at 0.45979198

Smart Scan Analysis for ZARMOP

Based on our trend formula, ZARMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.48883098 0.48883098 0.48883098 0.48883098 0.00000000
Prev. Close Volume Bid Ask Time
0.49559829 2020-10-21 21:00:27
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