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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

South African Rand/Nepalese Rupee (FOREX:ZARNPR)

Sidelines Mode (+55) - ZARNPR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
7.099643 7.099643 7.099643 7.099643 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARNPR

long term up The long-term trend has been UP since Jul 20th, 2023 at 7.322788

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 7.023015

short term down The short-term trend has been DOWN since Nov 23rd, 2023 at 7.110068

Smart Scan Analysis for ZARNPR

Based on our trend formula, ZARNPR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.099643 7.099643 7.099643 7.099643 0.000000
Prev. Close Volume Bid Ask Time
7.069087 2023-11-23 07:26:41
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