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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_COPMXN
Open High Low COPMXN Price Change
0.006021 0.006044 0.006021 0.006039 +0.000018
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term down The long term trend has been DOWN since Dec 24th, 2018 at 0.006053

intermediate term down The intermediate term trend has been DOWN since Dec 20th, 2018 at 0.006174

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.006059

Smart Scan Analysis for COPMXN

Based on a pre-defined weighted trend formula for chart analysis, COPMXN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006021 0.006044 0.006021 0.006039 +0.000018
Prev. Close Volume Bid Ask Time
0.006021 0.006038 0.006040 2019-01-17 06:16:46
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