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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

Colombian Peso/South African Rand (FOREX:COPZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPZAR
Open High Low COPZAR Price Change
0.004473 0.004473 0.004473 0.004473 0.000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term up The long term trend has been UP since Feb 28th, 2019 at 0.004545

intermediate term down The intermediate term trend has been DOWN since Mar 31st, 2019 at 0.004537

short term down The short term trend has been DOWN since Mar 31st, 2019 at 0.004595

Smart Scan Analysis for COPZAR

Based on a pre-defined weighted trend formula for chart analysis, COPZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004473 0.004473 0.004473 0.004473 0.000000
Prev. Close Volume Bid Ask Time
0.004444 0.004410 0.004537 2019-04-14 20:10:45
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