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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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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 Nov 13th, 2024 at 32.943439
The short-term trend has been DOWN since Nov 18th, 2024 at 32.579361
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.674851 | 32.749701 | 32.617470 | 32.692696 | +0.017845 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.674851 | 2024-11-20 03:47:11 |