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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Strong Downtrend (-100) - ZARCOP 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 ZARCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARCOP
Open High Low ZARCOP Price Change
250.98875 250.98875 250.98875 250.98875 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 258.08038

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 252.05173

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 252.05173

Smart Scan Analysis for ZARCOP

Based on our trend formula, ZARCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.98875 250.98875 250.98875 250.98875 0.00000
Prev. Close Volume Bid Ask Time
250.98875 2021-10-27 07:18:58
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