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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

South African Rand/Nepalese Rupee (FOREX:ZARNPR)

Bull Market Weakness (+75) - ZARNPR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARNPR as it may be in the beginning stages of a reversal.

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
7.272635 7.272635 7.272635 7.272635 0.000000
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 May 30th, 2024 at 7.192258

short term up The short-term trend has been UP since Jun 9th, 2024 at 7.131794

Smart Scan Analysis for ZARNPR

Based on our trend formula, ZARNPR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.272635 7.272635 7.272635 7.272635 0.000000
Prev. Close Volume Bid Ask Time
7.272635 2024-06-16 17:01:47
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