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.
MarketClub’s Trade Triangles for ZARMYR
The long-term trend has been UP since Jul 1st, 2020 at 0.25930105
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.26927955
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).