Forex Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
Cyprus Pound/South African Rand (FOREX:CYPZAR)
Bull Market Weakness (+75) - CYPZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CYPZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CYPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CYPZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CYPZAR
The long-term trend has been DOWN since Nov 1st, 2020 at 32.238681
The intermediate-term trend has been UP since Jun 21st, 2021 at 29.174782
The short-term trend has been UP since Jun 9th, 2021 at 28.294832
Smart Scan Analysis for CYPZAR
Based on our trend formula, CYPZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).