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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Colombian Peso (FOREX:CADCOP)
Crossroads (-60) - CADCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jul 9th, 2024 at 2987.4002
The short-term trend has been DOWN since Jul 23rd, 2024 at 2903.8916
Smart Scan Analysis for CADCOP
Based on our trend formula, CADCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2926.3107 | 2926.3107 | 2922.0842 | 2922.0842 | -4.2265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2926.3107 | 2024-07-26 14:00:13 |