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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.

FOREX_ZARMUR
Open High Low ZARMUR Price Change
2.5855146 2.6005129 2.5817127 2.6005129 +0.0149980
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term up The long-term trend has been UP since Oct 22nd, 2020 at 2.4679977

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 2.6267746

short term down 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).

-60
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5855146 2.6005129 2.5817127 2.6005129 +0.0149980
Prev. Close Volume Bid Ask Time
2.5855146 2021-03-09 05:00:46
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