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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_ZARMUR
Open High Low ZARMUR Price Change
2.5530948 2.5679072 2.5485063 2.5679072 +0.0148120
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 up The intermediate-term trend has been UP since Jun 17th, 2024 at 2.5525976

short term up The short-term trend has been UP since Jul 26th, 2024 at 2.5558773

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).

+100
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5530948 2.5679072 2.5485063 2.5679072 +0.0148120
Prev. Close Volume Bid Ask Time
2.5530948 2024-07-26 14:00:12
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