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Forex Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Bull Market Weakness (+75) - ZARMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARMYR as it may be in the beginning stages of a reversal.

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
0.27306499 0.27506961 0.27302320 0.27489502 +0.00183000
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long-term trend has been DOWN since May 17th, 2022 at 0.26888166

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 0.27101080

short term up The short-term trend has been UP since Aug 8th, 2022 at 0.26820246

Smart Scan Analysis for ZARMYR

Based on our trend formula, ZARMYR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27306499 0.27506961 0.27302320 0.27489502 +0.00183000
Prev. Close Volume Bid Ask Time
0.27306499 2022-08-12 16:05:51
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