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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Crossroads (-60) - ZARMYR 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 ZARMYR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMYR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARMYR
Open High Low ZARMYR Price Change
0.26637793 0.26637793 0.26404144 0.26505040 -0.00132800
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term up The long-term trend has been UP since Jul 1st, 2020 at 0.25930105

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.26927955

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 0.26893738

Smart Scan Analysis for ZARMYR

Based on our trend formula, ZARMYR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26637793 0.26637793 0.26404144 0.26505040 -0.00132800
Prev. Close Volume Bid Ask Time
0.26637793 2021-03-08 19:42:21
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