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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/Macau Pataca (FOREX:ZARMOP)
Long-Term Downtrend (-90) - ZARMOP is in a strong downtrend that is likely to continue. While ZARMOP 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 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.
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MarketClub’s Trade Triangles for ZARMOP
The long-term trend has been DOWN since Feb 28th, 2024 at 0.42263058
The intermediate-term trend has been DOWN since Apr 21st, 2024 at 0.42788579
The short-term trend has been DOWN since Apr 21st, 2024 at 0.43157562
Smart Scan Analysis for ZARMOP
Based on our trend formula, ZARMOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.42787504 | 0.42787504 | 0.42787504 | 0.42787504 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.42787504 | 2024-04-26 07:26:04 |