Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 14, 2024.
South African Rand/Mauritius Rupee (FOREX:ZARMUR)
Bull Market Weakness (+75) - ZARMUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARMUR as it may be in the beginning stages of a reversal.
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 UP since Dec 9th, 2024 at 2.6011387
The short-term trend has been DOWN since Dec 14th, 2024 at 2.6267878
Smart Scan Analysis for ZARMUR
Based on our trend formula, ZARMUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.622444 | 2.622444 | 2.622444 | 2.622444 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.622444 | 2024-12-14 01:37:51 |