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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

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
2.7631738 2.8115413 2.7618713 2.8020069 +0.0388330
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term down The long-term trend has been DOWN since Apr 27th, 2022 at 2.6831694

intermediate term up The intermediate-term trend has been UP since May 30th, 2022 at 2.7891080

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 2.7699716

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
2.7631738 2.8115413 2.7618713 2.8020069 +0.0388330
Prev. Close Volume Bid Ask Time
2.7631738 2022-07-04 18:14:47
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