Forex Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
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 Feb 18th, 2020 at 0.29516825
The intermediate-term trend has been UP since Feb 18th, 2020 at 0.28247253
The short-term trend has been DOWN since Feb 18th, 2020 at 0.27590523
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).