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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Cyprus Pound/South African Rand (FOREX:CYPZAR)

Weak Uptrend (+65) - CYPZAR is showing signs of weakening momentum to the upside. Monitor CYPZAR as it may be in the beginning stages of a reversal.

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
34.448309 34.650103 34.411635 34.541731 +0.093422
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 Aug 29th, 2023 at 34.171433

short term up The short-term trend has been UP since Oct 3rd, 2023 at 34.499932

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
34.448309 34.650103 34.411635 34.541731 +0.093422
Prev. Close Volume Bid Ask Time
34.448309 2023-10-03 16:55:07
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