Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
South African Rand/Cyprus Pound (FOREX:ZARCYP)
Crossroads (+60) - ZARCYP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jul 25th, 2021 at 0.03344594
The intermediate-term trend has been UP since Jan 19th, 2022 at 0.03347941
The short-term trend has been UP since Jan 3rd, 2022 at 0.03259748
Smart Scan Analysis for ZARCYP
Based on our trend formula, ZARCYP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).