Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Colombian Peso/Mexican Peso (FOREX:COPMXN)
Long-Term Downtrend (-90) - COPMXN is in a strong downtrend that is likely to continue. While COPMXN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid COPMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPMXN.
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 COPMXN
The long-term trend has been DOWN since Mar 13th, 2024 at 0.00426341
The intermediate-term trend has been DOWN since Feb 6th, 2024 at 0.00430029
The short-term trend has been DOWN since Mar 27th, 2024 at 0.00429775
Smart Scan Analysis for COPMXN
Based on our trend formula, COPMXN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00429162 | 0.00429850 | 0.00427937 | 0.00429506 | +0.00000300 |
Prev. Close | Volume | Bid | Ask | Time |
0.00429162 | 2024-03-29 09:25:31 |