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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Countertrend Down (-85) - ZARCOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
260.62602 260.62602 260.62602 260.62602 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term down The long-term trend has been DOWN since Feb 28th, 2023 at 262.63939

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2023 at 263.78702

short term up The short-term trend has been UP since Mar 18th, 2023 at 257.80208

Smart Scan Analysis for ZARCOP

Based on our trend formula, ZARCOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
260.62602 260.62602 260.62602 260.62602 0.00000
Prev. Close Volume Bid Ask Time
256.75633 2023-03-18 03:55:50
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