Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Colombian Peso/South African Rand (FOREX:COPZAR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPZAR
Open High Low COPZAR Price Change
0.00427882 0.00427882 0.00427882 0.00427882 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term down The long term trend has been DOWN since May 24th, 2019 at 0.00428700

intermediate term up The intermediate term trend has been UP since Dec 10th, 2019 at 0.00432970

short term down The short term trend has been DOWN since Jan 28th, 2020 at 0.00429603

Smart Scan Analysis for COPZAR

Based on a pre-defined weighted trend formula for chart analysis, COPZAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00427882 0.00427882 0.00427882 0.00427882 0.00000000
Prev. Close Volume Bid Ask Time
0.00427882 0.00422169 0.00433596 2020-01-28 21:00:48
Get a free daily report for Colombian Peso/South African Rand (COPZAR) - Free Trend Analysis Report.