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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
South African Rand/Colombian Peso (FOREX:ZARCOP)
Countertrend Up (+85) - ZARCOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ZARCOP
The long-term trend has been UP since May 2nd, 2024 at 210.37171
The intermediate-term trend has been UP since Jul 31st, 2024 at 223.11838
The short-term trend has been UP since Aug 16th, 2024 at 223.56269
Smart Scan Analysis for ZARCOP
Based on our trend formula, ZARCOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 243.42086 | 243.42086 | 243.42086 | 243.42086 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 245.02768 | 2024-10-22 07:25:24 |