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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.

FOREX_CYPZAR
Open High Low CYPZAR Price Change
29.089740 29.094481 28.867794 28.958560 -0.131180
Entry Signal

MarketClub’s Trade Triangles for CYPZAR

long term down The long-term trend has been DOWN since Nov 1st, 2020 at 32.238681

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2021 at 29.174782

short term up 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).

+70
Smart Scan Analysis for CYPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.089740 29.094481 28.867794 28.958560 -0.131180
Prev. Close Volume Bid Ask Time
29.089740 2021-06-23 07:14:27
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