Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Euro/Colombian Peso (FOREX:EURCOP)
Strong Downtrend (-100) - EURCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURCOP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCOP.
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 EURCOP
The long-term trend has been DOWN since Apr 13th, 2023 at 4925.6
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 4252.5
The short-term trend has been DOWN since Mar 18th, 2024 at 4271.7
Smart Scan Analysis for EURCOP
Based on our trend formula, EURCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4171.8 | 4171.8 | 4171.8 | 4171.8 | 0.0 |
Prev. Close | Volume | Bid | Ask | Time |
4171.8 | 2024-03-28 23:30:00 |