Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Chilean Peso/Colombian Peso (FOREX:CLPCOP)
Long-Term Uptrend (+90) - CLPCOP is in a strong uptrend that is likely to continue. While CLPCOP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for CLPCOP
The long-term trend has been UP since Feb 23rd, 2021 at 5.0806862
The intermediate-term trend has been UP since Jan 25th, 2021 at 4.8686981
The short-term trend has been UP since Feb 9th, 2021 at 4.8693867
Smart Scan Analysis for CLPCOP
Based on our trend formula, CLPCOP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).