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Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Chilean Peso/Colombian Peso (FOREX:CLPCOP)
Countertrend Up (+85) - CLPCOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CLPCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLPCOP.
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 CLPCOP
The long-term trend has been UP since Jul 29th, 2022 at 4.7935730
The intermediate-term trend has been UP since Jul 29th, 2022 at 4.6170673
The short-term trend has been UP since Jul 29th, 2022 at 4.4496850
Smart Scan Analysis for CLPCOP
Based on our trend formula, CLPCOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.8171708 | 4.8171708 | 4.8171708 | 4.8171708 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.8171708 | 2022-08-10 07:20:34 |