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.
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).