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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

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

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.

FOREX_ZARMUR
Open High Low ZARMUR Price Change
2.7259284 2.7550483 2.6921527 2.7146554 -0.0112730
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term down The long-term trend has been DOWN since Nov 18th, 2021 at 2.7560110

intermediate term down The intermediate-term trend has been DOWN since Oct 29th, 2021 at 2.8159840

short term up The short-term trend has been UP since Dec 1st, 2021 at 2.7497468

Smart Scan Analysis for ZARMUR

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

-75
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7259284 2.7550483 2.6921527 2.7146554 -0.0112730
Prev. Close Volume Bid Ask Time
2.7259284 2021-12-07 23:43:49
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