Forex Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Cyprus Pound/South African Rand (FOREX:CYPZAR)
Strong Uptrend (+100) - CYPZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CYPZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CYPZAR
The long-term trend has been UP since Feb 27th, 2020 at 28.864104
The intermediate-term trend has been UP since Jul 26th, 2020 at 33.303904
The short-term trend has been UP since Jul 23rd, 2020 at 32.759884
Smart Scan Analysis for CYPZAR
Based on our trend formula, CYPZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).