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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Colombian Peso/Danish Krone (FOREX:COPDKK)

Crossroads (-60) - COPDKK 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 COPDKK?

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

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

FOREX_COPDKK
Open High Low COPDKK Price Change
0.00177859 0.00177868 0.00177859 0.00177868 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPDKK

long term up The long-term trend has been UP since Apr 12th, 2023 at 0.00151030

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.00178791

short term down The short-term trend has been DOWN since May 2nd, 2024 at 0.00178518

Smart Scan Analysis for COPDKK

Based on our trend formula, COPDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for COPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00177859 0.00177868 0.00177859 0.00177868 0.00000000
Prev. Close Volume Bid Ask Time
0.00178550 2024-05-07 21:05:08
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