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Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Colombian Peso/South African Rand (FOREX:COPZAR)
Countertrend Up (+85) - COPZAR 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 COPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPZAR.
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 COPZAR
The long-term trend has been UP since Aug 19th, 2021 at 0.00387526
The intermediate-term trend has been UP since Oct 27th, 2021 at 0.00396796
The short-term trend has been UP since Nov 17th, 2021 at 0.00393018
Smart Scan Analysis for COPZAR
Based on our trend formula, COPZAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00405127 | 0.00405127 | 0.00405127 | 0.00405127 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00405127 | 2021-12-07 07:25:46 |