Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
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 Dec 28th, 2023 at 0.00480735
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00487200
The short-term trend has been UP since Mar 18th, 2024 at 0.00478677
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 |
---|---|---|---|---|
0.00489158 | 0.00489369 | 0.00489158 | 0.00489369 | +0.00000200 |
Prev. Close | Volume | Bid | Ask | Time |
0.00489158 | 2024-03-29 08:19:02 |