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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

South African Rand/Nepalese Rupee (FOREX:ZARNPR)

Strong Downtrend (-100) - ZARNPR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARNPR continues to fall. Traders should use caution and set stops.

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
7.729832 7.729832 7.729832 7.729832 0.000000
Entry Signal

MarketClub’s Trade Triangles for ZARNPR

long term down The long-term trend has been DOWN since May 4th, 2022 at 7.803660

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 7.937323

short term down The short-term trend has been DOWN since Jun 14th, 2022 at 7.984226

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).

-100
Smart Scan Analysis for ZARNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.729832 7.729832 7.729832 7.729832 0.000000
Prev. Close Volume Bid Ask Time
7.729832 2022-06-30 07:21:50
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