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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

South African Rand/Cyprus Pound (FOREX:ZARCYP)

Sidelines Mode (+55) - ZARCYP 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 ZARCYP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCYP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARCYP
Open High Low ZARCYP Price Change
0.03004186 0.03018943 0.02990088 0.03012145 +0.00008000
Entry Signal

MarketClub’s Trade Triangles for ZARCYP

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.03464195

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 0.02988344

short term down The short-term trend has been DOWN since May 28th, 2020 at 0.03030458

Smart Scan Analysis for ZARCYP

Based on our trend formula, ZARCYP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARCYP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03004186 0.03018943 0.02990088 0.03012145 +0.00008000
Prev. Close Volume Bid Ask Time
0.03004186 0.03011277 0.03013014 2020-05-31 22:23:01
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