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.

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

MarketClub’s Trade Triangles for ZARMYR

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

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

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

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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