Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Colombian Peso/South African Rand (FOREX:COPZAR)
Crossroads (-60) - COPZAR is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for COPZAR
The long-term trend has been UP since Aug 19th, 2021 at 0.00387526
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.00391494
The short-term trend has been DOWN since Oct 19th, 2021 at 0.00391494
Smart Scan Analysis for COPZAR
Based on our trend formula, COPZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).