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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Canadian Dollar/Colombian Peso (FOREX:CADCOP)
Bull Market Weakness (+75) - CADCOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADCOP as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for CADCOP
The long-term trend has been UP since Jun 13th, 2024 at 2909.2917
The intermediate-term trend has been UP since Nov 6th, 2024 at 3094.4898
The short-term trend has been UP since Nov 6th, 2024 at 3094.4898
Smart Scan Analysis for CADCOP
Based on our trend formula, CADCOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3126.5913 | 3126.5913 | 3126.5913 | 3126.5913 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3193.8741 | 2024-11-12 07:25:07 |