Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
South African Rand/Nepalese Rupee (FOREX:ZARNPR)
Strong Uptrend (+100) - ZARNPR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARNPR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARNPR
The long-term trend has been UP since May 1st, 2024 at 7.187309
The intermediate-term trend has been UP since May 1st, 2024 at 7.187309
The short-term trend has been UP since Apr 26th, 2024 at 7.017760
Smart Scan Analysis for ZARNPR
Based on our trend formula, ZARNPR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.154297 | 7.154297 | 7.154297 | 7.154297 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.154297 | 2024-05-02 07:26:25 |