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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

South African Rand/Macau Pataca (FOREX:ZARMOP)

Bear Market Rally (-75) - ZARMOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARMOP as it may be in the beginning of a reversal.

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
0.54261414 0.54261414 0.54261414 0.54261414 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

long term down The long-term trend has been DOWN since Jul 21st, 2021 at 0.54623407

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.54901536

short term up The short-term trend has been UP since Oct 14th, 2021 at 0.53649035

Smart Scan Analysis for ZARMOP

Based on our trend formula, ZARMOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54261414 0.54261414 0.54261414 0.54261414 0.00000000
Prev. Close Volume Bid Ask Time
0.54261414 2021-10-14 07:18:43
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