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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

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
0.24074508 0.24127103 0.24071850 0.24115705 +0.00041200
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term up The long-term trend has been UP since Jul 1st, 2020 at 0.25930105

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2020 at 0.24878141

short term up The short-term trend has been UP since Aug 11th, 2020 at 0.23956544

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
0.24074508 0.24127103 0.24071850 0.24115705 +0.00041200
Prev. Close Volume Bid Ask Time
0.24074508 0.24101337 0.24130073 2020-08-14 03:03:02
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