Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for COPZAR
The long-term trend has been UP since Apr 2nd, 2020 at 0.00445839
The intermediate-term trend has been DOWN since Apr 28th, 2020 at 0.00460091
The short-term trend has been DOWN since May 20th, 2020 at 0.00471677
Smart Scan Analysis for COPZAR
Based on our trend formula, COPZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).