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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.

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

MarketClub’s Trade Triangles for ZARMUR

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

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

short term up 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
Smart Scan Analysis for ZARMUR
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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