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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

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
0.28310862 0.28340497 0.28218185 0.28340497 +0.00029600
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 up The intermediate-term trend has been UP since Mar 17th, 2021 at 0.27888498

short term down The short-term trend has been DOWN since Apr 11th, 2021 at 0.28340456

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
0.28310862 0.28340497 0.28218185 0.28340497 +0.00029600
Prev. Close Volume Bid Ask Time
0.28310862 2021-04-12 10:49:55
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