Forex Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
South African Rand/Malaysian Ringt (FOREX:ZARMYR)
Countertrend Up (+85) - ZARMYR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ZARMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARMYR
The long-term trend has been UP since Jul 1st, 2020 at 0.25930105
The intermediate-term trend has been UP since Mar 17th, 2021 at 0.27888498
The short-term trend has been DOWN since Apr 11th, 2021 at 0.28340456
Smart Scan Analysis for ZARMYR
Based on our trend formula, ZARMYR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).