Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
South African Rand/Colombian Peso (FOREX:ZARCOP)
Crossroads (-60) - ZARCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARCOP
The long-term trend has been DOWN since Dec 28th, 2023 at 208.04472
The intermediate-term trend has been UP since Apr 17th, 2024 at 205.29904
The short-term trend has been UP since Apr 9th, 2024 at 203.11247
Smart Scan Analysis for ZARCOP
Based on our trend formula, ZARCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 204.36479 | 204.36479 | 204.36479 | 204.36479 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 204.36479 | 2024-04-18 07:26:27 |