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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Brazilian Real/Colombian Peso (FOREX:BRLCOP)

Strong Downtrend (-100) - BRLCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BRLCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLCOP
Open High Low BRLCOP Price Change
666.86 666.86 666.82 666.86 0.00
Entry Signal

MarketClub’s Trade Triangles for BRLCOP

long term down The long-term trend has been DOWN since Sep 30th, 2021 at 702.02

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 715.45

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 679.25

Smart Scan Analysis for BRLCOP

Based on our trend formula, BRLCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BRLCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
666.86 666.86 666.82 666.86 0.00
Prev. Close Volume Bid Ask Time
666.86 2021-10-24 20:39:44
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