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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Cyprus Pound/South African Rand (FOREX:CYPZAR)

Weak Downtrend (-65) - CYPZAR is showing signs of a strengthening downtrend. Monitor CYPZAR as it may be building momentum to the downside.

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
28.528695 28.604511 28.416265 28.477712 -0.050983
Entry Signal

MarketClub’s Trade Triangles for CYPZAR

long term up The long-term trend has been UP since Jul 7th, 2022 at 29.337118

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2022 at 28.813489

short term down The short-term trend has been DOWN since Aug 8th, 2022 at 28.933274

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
28.528695 28.604511 28.416265 28.477712 -0.050983
Prev. Close Volume Bid Ask Time
28.528695 2022-08-16 15:34:07
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