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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.

FOREX_ZARMYR
Open High Low ZARMYR Price Change
0.27738366 0.27785732 0.27637827 0.27768947 +0.00030600
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term up The long-term trend has been UP since Feb 18th, 2020 at 0.29516825

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 0.28247253

short term down 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).

+85
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27738366 0.27785732 0.27637827 0.27768947 +0.00030600
Prev. Close Volume Bid Ask Time
0.27738366 0.27752391 0.27785504 2020-02-21 06:16:45
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