Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
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.
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 DOWN since Mar 4th, 2021 at 2.6267746
The short-term trend has been DOWN since Mar 4th, 2021 at 2.6368647
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).