Forex Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

South African Rand/Macau Pataca (FOREX:ZARMOP)

Bear Market Rally (-75) - ZARMOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARMOP as it may be in the beginning of a reversal.

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

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

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

Open	High	Low	ZARMOP Price	Change
0.55397433	0.55397433	0.54901536	0.54901536	-0.00495900
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

The long-term trend has been DOWN since Jul 21st, 2021 at 0.54623407

The intermediate-term trend has been UP since Sep 3rd, 2021 at 0.54336868

The short-term trend has been DOWN since Sep 16th, 2021 at 0.56157008

Smart Scan Analysis for ZARMOP

Based on our trend formula, ZARMOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.55397433	0.55397433	0.54901536	0.54901536	-0.00495900
Prev. Close	Volume	Bid	Ask	Time
0.54872168				2021-09-16 21:08:58

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