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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Colombian Peso/South African Rand (FOREX:COPZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
0.004680 0.004680 0.004680 0.004680 0.000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term up The long term trend has been UP since Apr 15th, 2018 at 0.004260

intermediate term down The intermediate term trend has been DOWN since Sep 23rd, 2018 at 0.004830

short term down The short term trend has been DOWN since Oct 9th, 2018 at 0.004863

Smart Scan Analysis for COPZAR

Based on a pre-defined weighted trend formula for chart analysis, COPZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004680 0.004680 0.004680 0.004680 0.000000
Prev. Close Volume Bid Ask Time
0.004680 0.004614 0.004746 2018-10-21 20:20:49
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