Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

South African Rand/Cyprus Pound (FOREX:ZARCYP)

Bull Market Weakness (+75) - ZARCYP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARCYP as it may be in the beginning stages of a reversal.

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.

Open	High	Low	ZARCYP Price	Change
0.03011418	0.03041593	0.03005222	0.03040579	+0.00029200
Entry Signal

MarketClub’s Trade Triangles for ZARCYP

The long-term trend has been DOWN since Jul 7th, 2022 at 0.03408651

The intermediate-term trend has been UP since Mar 31st, 2023 at 0.03037979

The short-term trend has been UP since Mar 23rd, 2023 at 0.02987750

Smart Scan Analysis for ZARCYP

Based on our trend formula, ZARCYP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.03011418	0.03041593	0.03005222	0.03040579	+0.00029200
Prev. Close	Volume	Bid	Ask	Time
0.03011418				2023-03-31 11:43:49

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