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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Colombian Peso/Chilean Peso (FOREX:COPCLP)
Sidelines Mode (+55) - COPCLP 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 COPCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPCLP.
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 COPCLP
The long-term trend has been UP since Apr 7th, 2023 at 0.17793478
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.24606159
The short-term trend has been UP since May 1st, 2024 at 0.24362474
Smart Scan Analysis for COPCLP
Based on our trend formula, COPCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24260246 | 0.24260246 | 0.24260246 | 0.24260246 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24137791 | 2024-05-06 01:56:07 |