Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Crossroads (-60) - ZARMUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2.4349383 2.4387452 2.4133191 2.4175493 -0.0173890
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term up The long-term trend has been UP since Apr 9th, 2024 at 2.4940723

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 2.4314913

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2.4480035

Smart Scan Analysis for ZARMUR

Based on our trend formula, ZARMUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4349383 2.4387452 2.4133191 2.4175493 -0.0173890
Prev. Close Volume Bid Ask Time
2.4349383 2024-04-24 14:05:04
Get a free daily analysis and signals for South African Rand/Mauritius Rupee (ZARMUR) - Request Your Free Report.