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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
South African Rand/Nepalese Rupee (FOREX:ZARNPR)
Bear Market Rally (-75) - ZARNPR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARNPR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARNPR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNPR.
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 ZARNPR
The long-term trend has been DOWN since Jan 21st, 2024 at 6.973775
The intermediate-term trend has been UP since Mar 7th, 2024 at 7.041026
The short-term trend has been DOWN since Apr 11th, 2024 at 7.130475
Smart Scan Analysis for ZARNPR
Based on our trend formula, ZARNPR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.01776 | 7.01776 | 7.01776 | 7.01776 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.01776 | 2024-04-18 07:26:27 |