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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.

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

MarketClub’s Trade Triangles for ZARMOP

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

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

short term down 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
Smart Scan Analysis for ZARMOP
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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