Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Colombian Peso/South African Rand (FOREX:COPZAR)
Strong Downtrend (-100) - COPZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 27th, 2020 at 0.00450066
The intermediate-term trend has been DOWN since Aug 25th, 2020 at 0.00452634
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.00421911
Smart Scan Analysis for COPZAR
Based on our trend formula, COPZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).