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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.

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FOREX_ZARCYP
Open High Low ZARCYP Price Change
0.03343382 0.03349517 0.03307104 0.03309404 -0.00034000
Entry Signal

MarketClub’s Trade Triangles for ZARCYP

long term down The long-term trend has been DOWN since Jul 25th, 2021 at 0.03344594

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.03341300

short term down 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).

-100
Smart Scan Analysis for ZARCYP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03343382 0.03349517 0.03307104 0.03309404 -0.00034000
Prev. Close Volume Bid Ask Time
0.03343382 2021-10-28 16:29:06
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