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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

South African Rand/Nepalese Rupee (FOREX:ZARNPR)

Countertrend Up (+85) - ZARNPR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ZARNPR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNPR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARNPR
Open High Low ZARNPR Price Change
7.119555 7.119555 7.119555 7.119555 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARNPR

long term up The long-term trend has been UP since May 20th, 2020 at 6.6492839

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 6.6492839

short term up The short-term trend has been UP since May 18th, 2020 at 6.5498171

Smart Scan Analysis for ZARNPR

Based on our trend formula, ZARNPR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.119555 7.119555 7.119555 7.119555 0.000000
Prev. Close Volume Bid Ask Time
7.119555 7.030073 7.209036 2020-06-03 21:09:23
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