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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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
0.00464994 0.00464994 0.00464994 0.00464994 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term up The long-term trend has been UP since Feb 28th, 2023 at 0.00380789

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2023 at 0.00465383

short term down The short-term trend has been DOWN since Sep 30th, 2023 at 0.00471222

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).

-70
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00464994 0.00464994 0.00464994 0.00464994 0.00000000
Prev. Close Volume Bid Ask Time
0.00463882 2023-09-30 15:44:15
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