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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

South African Rand/Myanmar Kyat (FOREX:ZARMMK)

Weak Downtrend (-65) - ZARMMK is showing signs of a strengthening downtrend. Monitor ZARMMK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZARMMK?

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

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

FOREX_ZARMMK
Open High Low ZARMMK Price Change
112.57111 112.57111 112.57111 112.57111 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARMMK

long term up The long-term trend has been UP since Sep 13th, 2021 at 122.12610

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 125.28033

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 129.17771

Smart Scan Analysis for ZARMMK

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

-70
Smart Scan Analysis for ZARMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.57111 112.57111 112.57111 112.57111 0.00000
Prev. Close Volume Bid Ask Time
112.57111 2021-11-22 21:08:57
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