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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Bear Market Rally (-75) - ZARMUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARMUR as it may be in the beginning of a reversal.

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.

FOREX_ZARMUR
Open High Low ZARMUR Price Change
2.1609687 2.1950852 2.1572538 2.1950852 +0.0341160
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 2.3967648

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 2.5251076

short term up The short-term trend has been UP since Apr 7th, 2020 at 2.1775384

Smart Scan Analysis for ZARMUR

Based on our trend formula, ZARMUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1609687 2.1950852 2.1572538 2.1950852 +0.0341160
Prev. Close Volume Bid Ask Time
2.1609687 2.1186014 2.2715690 2020-04-09 05:00:22
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