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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Cyprus Pound/South African Rand (FOREX:CYPZAR)

Sidelines Mode (-55) - CYPZAR 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 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.

FOREX_CYPZAR
Open High Low CYPZAR Price Change
31.222108 31.230121 31.192944 31.206048 -0.016060
Entry Signal

MarketClub’s Trade Triangles for CYPZAR

long term down The long-term trend has been DOWN since Nov 1st, 2020 at 32.238681

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2021 at 30.664745

short term up The short-term trend has been UP since Feb 25th, 2021 at 30.917025

Smart Scan Analysis for CYPZAR

Based on our trend formula, CYPZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CYPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.222108 31.230121 31.192944 31.206048 -0.016060
Prev. Close Volume Bid Ask Time
31.222108 2021-02-28 17:23:53
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