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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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.

FOREX_CYPZAR
Open High Low CYPZAR Price Change
29.096181 29.115744 29.060738 29.088151 -0.008030
Entry Signal

MarketClub’s Trade Triangles for CYPZAR

long term up The long-term trend has been UP since Jul 25th, 2021 at 29.899001

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 29.209175

short term up The short-term trend has been UP since Oct 12th, 2021 at 29.779489

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).

-55
Smart Scan Analysis for CYPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.096181 29.115744 29.060738 29.088151 -0.008030
Prev. Close Volume Bid Ask Time
29.096181 2021-10-22 02:54:21
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