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Forex Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Bull Market Weakness (+75) - ZARCOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARCOP as it may be in the beginning stages of a reversal.

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
265.11688 265.11688 265.11688 265.11688 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term up The long-term trend has been UP since Feb 9th, 2021 at 241.47812

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2021 at 240.64099

short term up The short-term trend has been UP since Apr 6th, 2021 at 249.86170

Smart Scan Analysis for ZARCOP

Based on our trend formula, ZARCOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
265.11688 265.11688 265.11688 265.11688 0.00000
Prev. Close Volume Bid Ask Time
265.11688 2021-05-12 07:25:12
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