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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
South African Rand/Malaysian Ringt (FOREX:ZARMYR)
Long-Term Downtrend (-90) - ZARMYR is in a strong downtrend that is likely to continue. While ZARMYR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARMYR
The long-term trend has been DOWN since Apr 17th, 2024 at 0.24584977
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.24903472
The short-term trend has been DOWN since Apr 10th, 2024 at 0.25383843
Smart Scan Analysis for ZARMYR
Based on our trend formula, ZARMYR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24915283 | 0.24930864 | 0.24828683 | 0.24930864 | +0.00015600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24915283 | 2024-04-23 12:02:56 |