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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Colombian Peso (FOREX:ZARCOP)
Strong Uptrend (+100) - ZARCOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARCOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCOP.
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 ZARCOP
The long-term trend has been UP since May 2nd, 2024 at 210.37171
The intermediate-term trend has been UP since Apr 17th, 2024 at 205.29904
The short-term trend has been UP since Apr 26th, 2024 at 205.14493
Smart Scan Analysis for ZARCOP
Based on our trend formula, ZARCOP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 210.65568 | 210.65568 | 210.65568 | 210.65568 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 210.65568 | 2024-05-09 07:26:27 |