Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Colombian Peso/Argentine Peso (FOREX:COPARS)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for COPARS
The long term trend has been UP since Nov 4th, 2015 at 0.00332
The intermediate term trend has been UP since Dec 19th, 2017 at 0.00588
The short term trend has been DOWN since Jun 21st, 2018 at 0.00943
Smart Scan Analysis for COPARS
Based on a pre-defined weighted trend formula for chart analysis, COPARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).