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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Colombian Peso/South African Rand (FOREX:COPZAR)

Weak Downtrend (-65) - COPZAR is showing signs of a strengthening downtrend. Monitor COPZAR as it may be building momentum to the downside.

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
0.00378909 0.00378909 0.00378909 0.00378909 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term down The long-term trend has been DOWN since Jul 14th, 2022 at 0.00384991

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 0.00378056

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 0.00407973

Smart Scan Analysis for COPZAR

Based on our trend formula, COPZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00378909 0.00378909 0.00378909 0.00378909 0.00000000
Prev. Close Volume Bid Ask Time
0.00378909 2022-08-10 07:20:33
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