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Forex Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

South African Rand/Macau Pataca (FOREX:ZARMOP)

Bull Market Weakness (+75) - ZARMOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARMOP as it may be in the beginning stages 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.

FOREX_ZARMOP
Open High Low ZARMOP Price Change
0.45053412 0.45053412 0.45053412 0.45053412 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARMOP

long term up The long-term trend has been UP since May 7th, 2024 at 0.43592536

intermediate term up The intermediate-term trend has been UP since Aug 14th, 2024 at 0.44221491

short term up The short-term trend has been UP since Aug 11th, 2024 at 0.43863914

Smart Scan Analysis for ZARMOP

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

+70
Smart Scan Analysis for ZARMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45053412 0.45053412 0.45053412 0.45053412 0.00000000
Prev. Close Volume Bid Ask Time
0.45053412 2024-09-07 04:49:23
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