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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South African Rand/Nepalese Rupee (FOREX:ZARNPR)

Weak Downtrend (-65) - ZARNPR is showing signs of a strengthening downtrend. Monitor ZARNPR as it may be building momentum to the downside.

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
7.45109 7.45109 7.45109 7.45109 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARNPR

long term up The long-term trend has been UP since May 1st, 2024 at 7.187309

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 7.620251

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 7.623600

Smart Scan Analysis for ZARNPR

Based on our trend formula, ZARNPR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.45109 7.45109 7.45109 7.45109 0.00000
Prev. Close Volume Bid Ask Time
7.45109 2024-11-19 21:06:20
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