Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Cyprus Pound/South African Rand (FOREX:CYPZAR)

Bull Market Weakness (+75) - CYPZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CYPZAR as it may be in the beginning stages 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.

FOREX_CYPZAR
Open High Low CYPZAR Price Change
34.927456 35.171527 34.875269 35.130873 +0.203417
Entry Signal

MarketClub’s Trade Triangles for CYPZAR

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 34.389774

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 35.163139

short term up The short-term trend has been UP since Apr 15th, 2024 at 34.571613

Smart Scan Analysis for CYPZAR

Based on our trend formula, CYPZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CYPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.927456 35.171527 34.875269 35.130873 +0.203417
Prev. Close Volume Bid Ask Time
34.927456 2024-04-24 15:34:01
Get a free daily analysis and signals for Cyprus Pound/South African Rand (CYPZAR) - Request Your Free Report.