Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

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
0.42789961 0.42789961 0.42789961 0.42789961 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

long term down The long-term trend has been DOWN since Feb 28th, 2024 at 0.42263058

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 0.42715731

short term down The short-term trend has been DOWN since Apr 13th, 2024 at 0.43157562

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
0.42789961 0.42789961 0.42789961 0.42789961 0.00000000
Prev. Close Volume Bid Ask Time
0.42264811 2024-04-13 14:02:02
Get a free daily analysis and signals for South African Rand/Macau Pataca (ZARMOP) - Request Your Free Report.