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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Sidelines Mode (-55) - ZARMYR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_ZARMYR
Open High Low ZARMYR Price Change
0.28152343 0.28427037 0.28123552 0.28427037 +0.00274700
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term down The long-term trend has been DOWN since Aug 18th, 2021 at 0.28271169

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.28274574

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.27988740

Smart Scan Analysis for ZARMYR

Based on our trend formula, ZARMYR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28152343 0.28427037 0.28123552 0.28427037 +0.00274700
Prev. Close Volume Bid Ask Time
0.28152343 2021-10-15 11:55:58
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