Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
South African Rand/Macau Pataca (FOREX:ZARMOP)
Sidelines Mode (+50) - ZARMOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARMOP can gain momentum.
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.
MarketClub’s Trade Triangles for ZARMOP
The long-term trend has been DOWN since Mar 7th, 2023 at 0.44063258
The intermediate-term trend has been UP since Mar 14th, 2023 at 0.44063258
The short-term trend has been UP since Mar 14th, 2023 at 0.44063258
Smart Scan Analysis for ZARMOP
Based on our trend formula, ZARMOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).