Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
South African Rand/Colombian Peso (FOREX:ZARCOP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
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MarketClub’s Trade Triangles for ZARCOP
The long term trend has been UP since Nov 2nd, 2018 at 219.670
The intermediate term trend has been DOWN since Feb 15th, 2019 at 223.905
The short term trend has been DOWN since Feb 5th, 2019 at 233.320
Smart Scan Analysis for ZARCOP
Based on a pre-defined weighted trend formula for chart analysis, ZARCOP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 222.19 | 222.19 | 222.19 | 222.19 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 222.19 | 219.04 | 225.34 | 2019-02-21 21:03:44 |