Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Weak Downtrend (-65) - ZARMUR is showing signs of a strengthening downtrend. Monitor ZARMUR as it may be building momentum to the downside.

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
2.2929887 2.3101638 2.2886854 2.2886854 -0.0043030
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term up The long-term trend has been UP since Jul 15th, 2020 at 2.4354879

intermediate term down The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 2.3265114

short term down The short-term trend has been DOWN since Jul 30th, 2020 at 2.3962194

Smart Scan Analysis for ZARMUR

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

-70
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2929887 2.3101638 2.2886854 2.2886854 -0.0043030
Prev. Close Volume Bid Ask Time
2.2929887 2.2157973 2.3615734 2020-08-05 18:33:03
Get a free daily analysis and signals for South African Rand/Mauritius Rupee (ZARMUR) - Request Your Free Report.