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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Weak Downtrend (-65) - ZARCOP is showing signs of a strengthening downtrend. Monitor ZARCOP as it may be building momentum to the downside.

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
216.03052 216.03090 216.03052 216.03090 +0.00038
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term up The long-term trend has been UP since Oct 11th, 2023 at 224.02219

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2023 at 215.06100

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 216.42648

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
216.03052 216.03090 216.03052 216.03090 +0.00038
Prev. Close Volume Bid Ask Time
211.65404 2023-12-03 20:55:49
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