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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

British Pound/Colombian Peso (FOREX:GBPCOP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_GBPCOP
Open High Low GBPCOP Price Change
3838.45 3840.90 3838.45 3840.90 +2.45
Entry Signal

MarketClub’s Trade Triangles for GBPCOP

long term down The long term trend has been DOWN since Apr 1st, 2018 at 3920.15

intermediate term up The intermediate term trend has been UP since Aug 14th, 2018 at 3832.35

short term up The short term trend has been UP since Aug 14th, 2018 at 3756.15

Smart Scan Analysis for GBPCOP

Based on a pre-defined weighted trend formula for chart analysis, GBPCOP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3838.45 3840.90 3838.45 3840.90 +2.45
Prev. Close Volume Bid Ask Time
3838.45 3784.90 3896.90 2018-08-14 21:12:55
Want to analyze British Pound/Colombian Peso GBPCOP or another symbol? Try our Free Forex Trend Analysis Report.