Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

South African Rand/Cyprus Pound (FOREX:ZARCYP)

Bear Market Rally (-75) - ZARCYP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARCYP as it may be in the beginning of a reversal.

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.

Open	High	Low	ZARCYP Price	Change
0.03382853	0.03385414	0.03365877	0.03384078	+0.00001200
Entry Signal

MarketClub’s Trade Triangles for ZARCYP

The long-term trend has been DOWN since Jul 25th, 2021 at 0.03344594

The intermediate-term trend has been DOWN since Jun 21st, 2021 at 0.03427618

The short-term trend has been UP since Jul 29th, 2021 at 0.03358254

Smart Scan Analysis for ZARCYP

Based on our trend formula, ZARCYP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.03382853	0.03385414	0.03365877	0.03384078	+0.00001200
Prev. Close	Volume	Bid	Ask	Time
0.03382853				2021-07-30 17:14:55

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