Forex Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
South African Rand/Cyprus Pound (FOREX:ZARCYP)
Strong Uptrend (+100) - ZARCYP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARCYP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARCYP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCYP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARCYP
The long-term trend has been UP since Nov 1st, 2020 at 0.03101092
The intermediate-term trend has been UP since Aug 24th, 2020 at 0.02921276
The short-term trend has been UP since Nov 20th, 2020 at 0.03222403
Smart Scan Analysis for ZARCYP
Based on our trend formula, ZARCYP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).