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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Cyprus Pound/South African Rand (FOREX:CYPZAR)
Bear Market Rally (-75) - CYPZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CYPZAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CYPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CYPZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CYPZAR
The long-term trend has been DOWN since Apr 8th, 2024 at 34.389774
The intermediate-term trend has been UP since Dec 23rd, 2024 at 32.726123
The short-term trend has been DOWN since Jan 14th, 2025 at 33.219349
Smart Scan Analysis for CYPZAR
Based on our trend formula, CYPZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.332223 | 33.336118 | 33.178661 | 33.204408 | -0.127815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.332223 | 2025-01-15 04:44:30 |