Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
South African Rand/Mauritius Rupee (FOREX:ZARMUR)
Strong Uptrend (+100) - ZARMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARMUR
The long-term trend has been UP since Oct 22nd, 2020 at 2.4679977
The intermediate-term trend has been UP since Feb 8th, 2021 at 2.6909563
The short-term trend has been UP since Feb 25th, 2021 at 2.7476707
Smart Scan Analysis for ZARMUR
Based on our trend formula, ZARMUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).