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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Colombian Peso/South African Rand (FOREX:COPZAR)
Sidelines Mode (+50) - COPZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until COPZAR can gain momentum.
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 DOWN since May 2nd, 2024 at 0.00475415
The intermediate-term trend has been UP since Nov 12th, 2024 at 0.00412355
The short-term trend has been UP since Nov 12th, 2024 at 0.00412355
Smart Scan Analysis for COPZAR
Based on our trend formula, COPZAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00414297 | 0.00414297 | 0.00414297 | 0.00414297 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00404123 | 2024-11-12 07:25:07 |