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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Sidelines Mode (+55) - ZARCOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARCOP
Open High Low ZARCOP Price Change
237.31932 237.31932 237.31932 237.31932 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term up The long-term trend has been UP since Jul 27th, 2020 at 222.21774

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2020 at 220.95610

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 237.38156

Smart Scan Analysis for ZARCOP

Based on our trend formula, ZARCOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
237.31932 237.31932 237.31932 237.31932 0.00000
Prev. Close Volume Bid Ask Time
237.31932 2020-11-27 07:13:59
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