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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
0.24822655 0.24869908 0.24708171 0.24738288 -0.00084400
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.27245667

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.23979002

short term up The short-term trend has been UP since May 18th, 2020 at 0.23694670

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
0.24822655 0.24869908 0.24708171 0.24738288 -0.00084400
Prev. Close Volume Bid Ask Time
0.24822655 0.24724114 0.24752461 2020-05-25 04:37:08
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