Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
South African Rand/Cyprus Pound (FOREX:ZARCYP)
Weak Uptrend (+65) - ZARCYP is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for ZARCYP
The long-term trend has been UP since Nov 1st, 2020 at 0.03101092
The intermediate-term trend has been UP since Feb 3rd, 2021 at 0.03260788
The short-term trend has been DOWN since Feb 25th, 2021 at 0.03234560
Smart Scan Analysis for ZARCYP
Based on our trend formula, ZARCYP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).