Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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 DOWN since Dec 18th, 2019 at 27.210500
The intermediate-term trend has been UP since Jan 14th, 2020 at 27.553075
The short-term trend has been UP since Feb 17th, 2020 at 27.717923
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).