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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Canadian Dollar/Colombian Peso (FOREX:CADCOP)

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_CADCOP
Open High Low CADCOP Price Change
2386.9 2386.9 2386.9 2386.9 0.0
Entry Signal

MarketClub’s Trade Triangles for CADCOP

long term up The long term trend has been UP since Aug 14th, 2018 at 2258.9

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 2396.1

short term down The short term trend has been DOWN since Dec 4th, 2018 at 2445.7

Smart Scan Analysis for CADCOP

Based on a pre-defined weighted trend formula for chart analysis, CADCOP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2386.9 2386.9 2386.9 2386.9 0.0
Prev. Close Volume Bid Ask Time
2386.9 2354.0 2419.8 2018-12-09 20:46:47
Want to analyze Canadian Dollar/Colombian Peso CADCOP or another symbol? Try our Free Forex Trend Analysis Report.