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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.

FOREX_ZARMUR
Open High Low ZARMUR Price Change
2.622444 2.622444 2.622444 2.622444 0.000000
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 Dec 9th, 2024 at 2.6011387

short term down 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).

+75
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways 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
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