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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
South African Rand/Malaysian Ringt (FOREX:ZARMYR)
Strong Downtrend (-100) - ZARMYR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARMYR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARMYR
The long-term trend has been DOWN since May 17th, 2022 at 0.26888166
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.24094946
The short-term trend has been DOWN since Mar 15th, 2023 at 0.24544187
Smart Scan Analysis for ZARMYR
Based on our trend formula, ZARMYR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24116799 | 0.24200656 | 0.24113915 | 0.24113915 | -0.00002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24116799 | 2023-03-21 05:08:07 |