Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Long-Term Uptrend (+90) - ZARMUR is in a strong uptrend that is likely to continue. While ZARMUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZARMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARMUR Price	Change
2.9490168	2.9694419	2.9490168	2.9562532	+0.0072360
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

The long-term trend has been UP since Sep 9th, 2021 at 3.0315607

The intermediate-term trend has been UP since Oct 15th, 2021 at 2.9419565

The short-term trend has been UP since Oct 13th, 2021 at 2.8998057

Smart Scan Analysis for ZARMUR

Based on our trend formula, ZARMUR 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
2.9490168	2.9694419	2.9490168	2.9562532	+0.0072360
Prev. Close	Volume	Bid	Ask	Time
2.9490168				2021-10-21 06:43:05

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