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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

Open High Low COPMXN Price Change
0.006479 0.006482 0.006458 0.006460 -0.000019
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term down The long term trend has been DOWN since Jul 26th, 2018 at 0.006440

intermediate term up The intermediate term trend has been UP since Oct 29th, 2018 at 0.006304

short term up The short term trend has been UP since Nov 8th, 2018 at 0.006318

Smart Scan Analysis for COPMXN

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

Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006479 0.006482 0.006458 0.006460 -0.000019
Prev. Close Volume Bid Ask Time
0.006479 0.006459 0.006462 2018-11-14 06:40:05
Want to analyze Colombian Peso/Mexican Peso COPMXN or another symbol? Try our Free Forex Trend Analysis Report.