Free Daily Analysis

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.

FOREX_COPZAR
Open High Low COPZAR Price Change
0.00405127 0.00405127 0.00405127 0.00405127 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPZAR

long term up The long-term trend has been UP since Aug 19th, 2021 at 0.00387526

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 0.00396796

short term up 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).

+80
Smart Scan Analysis for COPZAR
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Colombian Peso/South African Rand (COPZAR) - Request Your Free Report.