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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Strong Downtrend (-100) - ZARMUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARMUR continues to fall. Traders should use caution and set stops.

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
2.5677020 2.5766801 2.5677020 2.5677020 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 2.5481008

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 2.5481008

short term down The short-term trend has been DOWN since Dec 15th, 2024 at 2.6267878

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).

-100
Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5677020 2.5766801 2.5677020 2.5677020 0.0000000
Prev. Close Volume Bid Ask Time
2.5677020 2024-12-21 08:23:54
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