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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Canadian Dollar/Colombian Peso (FOREX:CADCOP)

Bear Market Rally (-75) - CADCOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADCOP as it may be in the beginning of a reversal.

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

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

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

FOREX_CADCOP
Open High Low CADCOP Price Change
3026.2793 3026.2793 3026.2793 3026.2793 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCOP

long term down The long-term trend has been DOWN since Sep 2nd, 2021 at 2988.1092

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 3093.3177

short term up The short-term trend has been UP since Oct 9th, 2021 at 3006.5168

Smart Scan Analysis for CADCOP

Based on our trend formula, CADCOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CADCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3026.2793 3026.2793 3026.2793 3026.2793 0.0000
Prev. Close Volume Bid Ask Time
3021.5041 2021-10-09 04:08:08
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