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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Colombian Peso/South African Rand (FOREX:COPZAR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPZAR
Open High Low COPZAR Price Change
0.004391 0.004391 0.004391 0.004391 0.000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term down The long term trend has been DOWN since Nov 2nd, 2018 at 0.004553

intermediate term down The intermediate term trend has been DOWN since Dec 30th, 2018 at 0.004439

short term down The short term trend has been DOWN since Jan 14th, 2019 at 0.004396

Smart Scan Analysis for COPZAR

Based on a pre-defined weighted trend formula for chart analysis, COPZAR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004391 0.004391 0.004391 0.004391 0.000000
Prev. Close Volume Bid Ask Time
0.004391 0.004330 0.004452 2019-01-14 20:58:44
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