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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/Mauritius Rupee (FOREX:ZARMUR)
Sidelines Mode (+55) - ZARMUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for ZARMUR
The long-term trend has been UP since Apr 9th, 2024 at 2.4940723
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 2.4314913
The short-term trend has been UP since Apr 25th, 2024 at 2.4387452
Smart Scan Analysis for ZARMUR
Based on our trend formula, ZARMUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4348276 | 2.4420923 | 2.4311358 | 2.4319318 | -0.0028960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4348276 | 2024-04-26 06:13:55 |