Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

South African Rand/Malaysian Ringt (FOREX:ZARMYR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ZARMYR
Open High Low ZARMYR Price Change
0.288985 0.289065 0.288705 0.289065 +0.000080
Entry Signal

MarketClub’s Trade Triangles for ZARMYR

long term up The long term trend has been UP since Jan 30th, 2019 at 0.307755

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 0.295740

short term down The short term trend has been DOWN since Feb 4th, 2019 at 0.305375

Smart Scan Analysis for ZARMYR

Based on a pre-defined weighted trend formula for chart analysis, ZARMYR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ZARMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.288985 0.289065 0.288705 0.289065 +0.000080
Prev. Close Volume Bid Ask Time
0.288985 0.288890 0.289240 2019-02-19 03:20:20
Want to analyze South African Rand/Malaysian Ringt ZARMYR or another symbol? Try our Free Forex Trend Analysis Report.