Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
South African Rand/Mauritius Rupee (FOREX:ZARMUR)
Strong Uptrend (+100) - ZARMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for ZARMUR
The long-term trend has been UP since Oct 22nd, 2020 at 2.4679977
The intermediate-term trend has been UP since Oct 21st, 2020 at 2.4519251
The short-term trend has been UP since Dec 3rd, 2020 at 2.6304202
Smart Scan Analysis for ZARMUR
Based on our trend formula, ZARMUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).