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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

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
34.095592 34.100034 34.090774 34.099231 +0.003639
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 down The intermediate-term trend has been DOWN since May 1st, 2024 at 34.046762

short term up The short-term trend has been UP since May 23rd, 2024 at 33.953562

Smart Scan Analysis for CYPZAR

Based on our trend formula, CYPZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CYPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.095592 34.100034 34.090774 34.099231 +0.003639
Prev. Close Volume Bid Ask Time
34.095592 2024-05-28 00:27:17
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