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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Sidelines Mode (+50) - ZARCOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARCOP can gain momentum.

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
216.90048 216.90048 216.90048 216.90048 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term down The long-term trend has been DOWN since Apr 2nd, 2020 at 224.33817

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2020 at 217.37740

short term up The short-term trend has been UP since May 20th, 2020 at 212.03882

Smart Scan Analysis for ZARCOP

Based on our trend formula, ZARCOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.90048 216.90048 216.90048 216.90048 0.00000
Prev. Close Volume Bid Ask Time
216.90048 214.27850 219.52246 2020-05-26 07:14:37
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