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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

US Dollar/Colombian Peso (FOREX:USDCOP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.

Open High Low USDCOP Price Change
3162.45 3169.00 3162.45 3169.00 +6.55
Entry Signal

MarketClub’s Trade Triangles for USDCOP

long term up The long term trend has been UP since May 18th, 2018 at 2901.995

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 3159.850

short term up The short term trend has been UP since Dec 11th, 2018 at 3189.000

Smart Scan Analysis for USDCOP

Based on a pre-defined weighted trend formula for chart analysis, USDCOP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3162.45 3169.00 3162.45 3169.00 +6.55
Prev. Close Volume Bid Ask Time
3162.45 3167.00 3171.00 2018-12-12 18:47:26
Want to analyze US Dollar/Colombian Peso USDCOP or another symbol? Try our Free Forex Trend Analysis Report.