Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
South African Rand/Cyprus Pound (FOREX:ZARCYP)
Strong Downtrend (-100) - ZARCYP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ZARCYP
The long-term trend has been DOWN since Jul 25th, 2021 at 0.03344594
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.03341300
The short-term trend has been DOWN since Oct 22nd, 2021 at 0.03425492
Smart Scan Analysis for ZARCYP
Based on our trend formula, ZARCYP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).