Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

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
217.25605 217.25605 217.25605 217.25605 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term up The long-term trend has been UP since May 2nd, 2024 at 210.37171

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 221.54285

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 218.24617

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
217.25605 217.25605 217.25605 217.25605 0.00000
Prev. Close Volume Bid Ask Time
217.25605 2024-07-23 07:26:08
Get a free daily analysis and signals for South African Rand/Colombian Peso (ZARCOP) - Request Your Free Report.