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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

South African Rand/Colombian Peso (FOREX:ZARCOP)

Long-Term Uptrend (+90) - ZARCOP is in a strong uptrend that is likely to continue. While ZARCOP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
241.13798 241.13798 241.13798 241.13798 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term up The long-term trend has been UP since Feb 9th, 2021 at 241.47812

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2021 at 233.19269

short term up The short-term trend has been UP since Feb 22nd, 2021 at 242.31823

Smart Scan Analysis for ZARCOP

Based on our trend formula, ZARCOP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
241.13798 241.13798 241.13798 241.13798 0.00000
Prev. Close Volume Bid Ask Time
241.13798 2021-02-25 07:31:39
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