Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

South African Rand/Cyprus Pound (FOREX:ZARCYP)

Sidelines Mode (+55) - ZARCYP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open	High	Low	ZARCYP Price	Change
0.02853695	0.02881598	0.02852798	0.02873724	+0.00020000
Entry Signal

MarketClub’s Trade Triangles for ZARCYP

The long-term trend has been UP since Apr 8th, 2024 at 0.02907841

The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.02886449

The short-term trend has been DOWN since Apr 15th, 2024 at 0.02892547

Smart Scan Analysis for ZARCYP

Based on our trend formula, ZARCYP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02853695	0.02881598	0.02852798	0.02873724	+0.00020000
Prev. Close	Volume	Bid	Ask	Time
0.02853695				2024-04-19 17:02:49

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