Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

South African Rand/Nepalese Rupee (FOREX:ZARNPR)

Sidelines Mode (+50) - ZARNPR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARNPR can gain momentum.

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
8.180594 8.180594 8.180594 8.180594 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARNPR

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 8.100014

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 8.002356

short term up The short-term trend has been UP since Oct 6th, 2021 at 7.962290

Smart Scan Analysis for ZARNPR

Based on our trend formula, ZARNPR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.180594 8.180594 8.180594 8.180594 0.000000
Prev. Close Volume Bid Ask Time
8.180594 2021-10-18 21:09:25
Get a free daily analysis and signals for South African Rand/Nepalese Rupee (ZARNPR) - Request Your Free Report.