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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Colombian Peso/South African Rand (FOREX:COPZAR)
Sidelines Mode (+55) - COPZAR 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 COPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPZAR.
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 COPZAR
The long-term trend has been UP since Dec 28th, 2023 at 0.00480735
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.00487165
The short-term trend has been UP since Apr 23rd, 2024 at 0.00489392
Smart Scan Analysis for COPZAR
Based on our trend formula, COPZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00491929 | 0.00491929 | 0.00490813 | 0.00490813 | -0.00001100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00491929 | 2024-04-23 21:01:35 |