Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

South African Rand/Macau Pataca (FOREX:ZARMOP)

Long-Term Downtrend (-90) - ZARMOP is in a strong downtrend that is likely to continue. While ZARMOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open	High	Low	ZARMOP Price	Change
0.50572991	0.50700951	0.50572991	0.50700951	+0.00128000
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

The long-term trend has been DOWN since May 2nd, 2022 at 0.52192527

The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.51193033

The short-term trend has been DOWN since Jun 13th, 2022 at 0.52017281

Smart Scan Analysis for ZARMOP

Based on our trend formula, ZARMOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.50572991	0.50700951	0.50572991	0.50700951	+0.00128000
Prev. Close	Volume	Bid	Ask	Time
0.50523661				2022-06-18 05:16:21

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