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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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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 Dec 5th, 2024 at 7.488633
The short-term trend has been DOWN since Dec 17th, 2024 at 7.559144
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.399919 | 7.399919 | 7.399919 | 7.399919 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.290174 | 2024-12-21 08:23:57 |