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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Chilean Peso/Colombian Peso (FOREX:CLPCOP)
Crossroads (-60) - CLPCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CLPCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CLPCOP
The long-term trend has been DOWN since Apr 7th, 2023 at 5.6214546
The intermediate-term trend has been UP since Apr 22nd, 2024 at 4.0647895
The short-term trend has been UP since May 9th, 2024 at 4.1276800
Smart Scan Analysis for CLPCOP
Based on our trend formula, CLPCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1516676 | 4.1516676 | 4.1516676 | 4.1516676 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1516676 | 2024-05-09 07:26:27 |