Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Chilean Peso/Colombian Peso (FOREX:CLPCOP)
Weak Downtrend (-65) - CLPCOP is showing signs of a strengthening downtrend. Monitor CLPCOP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CLPCOP
The long-term trend has been UP since Mar 11th, 2020 at 4.4514536
The intermediate-term trend has been DOWN since May 19th, 2020 at 4.7152431
The short-term trend has been DOWN since May 19th, 2020 at 4.7152431
Smart Scan Analysis for CLPCOP
Based on our trend formula, CLPCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).