Answer:
The object is at rest or moving at constant velocity
Step-by-step explanation:
According to Newton's second law, we have:

where
F is the net force on an object
m is the mass of the object
a is its acceleration
From the equation, we notice that if the net force on an object is zero,
F = 0
Then also its acceleration is zero:
a = 0
This means that the velocity of the object is constant. However, this means that:
- either the object is at rest (velocity = 0)
- or the object is in motion, at constant velocity
And this is the case for the object in the picture, since the net force on it is zero.