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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Canadian Dollar/Colombian Peso (FOREX:CADCOP)
Strong Downtrend (-100) - CADCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADCOP continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 18th, 2024 at 3047.8334
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 3139.0218
The short-term trend has been DOWN since Dec 9th, 2024 at 3156.3838
Smart Scan Analysis for CADCOP
Based on our trend formula, CADCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2993.8954 | 2993.8954 | 2993.8954 | 2993.8954 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3003.1116 | 2025-01-14 07:25:23 |