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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.

FOREX_ZARCOP
Open High Low ZARCOP Price Change
222.19 222.19 222.19 222.19 0.00
Entry Signal

MarketClub’s Trade Triangles for ZARCOP

long term up The long term trend has been UP since Nov 2nd, 2018 at 219.670

intermediate term down The intermediate term trend has been DOWN since Feb 15th, 2019 at 223.905

short term down 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).

-60
Smart Scan Analysis for ZARCOP
Strong Downtrend Sideways 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
Want to analyze South African Rand/Colombian Peso ZARCOP or another symbol? Try our Free Forex Trend Analysis Report.