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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for ZARCYP
The long-term trend has been UP since Apr 8th, 2024 at 0.02907841
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 0.03035506
The short-term trend has been UP since Nov 18th, 2024 at 0.03069753
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03060525 | 0.03065920 | 0.03053463 | 0.03057848 | -0.00002700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03060525 | 2024-11-20 03:49:06 |