Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Weak Uptrend (+65) - ZARMUR is showing signs of weakening momentum to the upside. Monitor ZARMUR as it may be in the beginning stages 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
2.5021648 2.5021648 2.5021648 2.5021648 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term up The long-term trend has been UP since Apr 9th, 2024 at 2.4940723

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 2.5176391

short term down The short-term trend has been DOWN since May 23rd, 2024 at 2.5121718

Smart Scan Analysis for ZARMUR

Based on our trend formula, ZARMUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5021648 2.5021648 2.5021648 2.5021648 0.0000000
Prev. Close Volume Bid Ask Time
2.5021648 2024-05-25 06:03:49
Get a free daily analysis and signals for South African Rand/Mauritius Rupee (ZARMUR) - Request Your Free Report.