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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 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.

FOREX_COPZAR
Open High Low COPZAR Price Change
0.00493347 0.00493347 0.00493347 0.00493347 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term up The long-term trend has been UP since Dec 28th, 2023 at 0.00480735

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00487200

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 0.00492411

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).

+55
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00493347 0.00493347 0.00493347 0.00493347 0.00000000
Prev. Close Volume Bid Ask Time
0.00484670 2024-04-14 22:03:59
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