Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
South African Rand/Myanmar Kyat (FOREX:ZARMMK)
Crossroads (-60) - ZARMMK 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARMMK
The long-term trend has been UP since Apr 8th, 2024 at 112.66605
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 110.28961
The short-term trend has been DOWN since Apr 12th, 2024 at 112.34523
Smart Scan Analysis for ZARMMK
Based on our trend formula, ZARMMK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 109.0766 | 109.0766 | 109.0766 | 109.0766 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 110.6477 | 2024-04-24 21:01:06 |