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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
South African Rand/Colombian Peso (FOREX:ZARCOP)
Bear Market Rally (-75) - ZARCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARCOP as it may be in the beginning of a reversal.
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 DOWN since Dec 28th, 2023 at 208.04472
The intermediate-term trend has been UP since Apr 17th, 2024 at 205.29904
The short-term trend has been DOWN since Apr 23rd, 2024 at 204.36479
Smart Scan Analysis for ZARCOP
Based on our trend formula, ZARCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 203.31076 | 203.31076 | 203.31076 | 203.31076 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 203.31076 | 2024-04-23 07:26:24 |