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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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.

FOREX_CADCOP
Open High Low CADCOP Price Change
2719.0443 2719.0443 2719.0443 2719.0443 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADCOP

long term up The long-term trend has been UP since Mar 10th, 2020 at 2645.7839

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 2793.4414

short term down The short-term trend has been DOWN since May 20th, 2020 at 2769.8146

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).

-60
Smart Scan Analysis for CADCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2719.0443 2719.0443 2719.0443 2719.0443 0.0000
Prev. Close Volume Bid Ask Time
2719.0443 2686.2262 2751.8624 2020-06-01 07:17:49
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