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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South African Rand/Cyprus Pound (FOREX:ZARCYP)
Long-Term Downtrend (-90) - ZARCYP is in a strong downtrend that is likely to continue. While ZARCYP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ZARCYP
The long-term trend has been DOWN since Jan 27th, 2025 at 0.02972742
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.03055683
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.03001178
Smart Scan Analysis for ZARCYP
Based on our trend formula, ZARCYP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03016871 | 0.03020330 | 0.03016238 | 0.03018261 | +0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03016871 | 2025-02-05 00:55:41 |