Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Colombian Peso/Argentine Peso (FOREX:COPARS)
Long-Term Uptrend (+90) - COPARS is in a strong uptrend that is likely to continue. While COPARS 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 COPARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPARS
The long-term trend has been UP since Aug 15th, 2022 at 0.03213869
The intermediate-term trend has been UP since Oct 30th, 2023 at 0.08489041
The short-term trend has been UP since Nov 21st, 2023 at 0.08765857
Smart Scan Analysis for COPARS
Based on our trend formula, COPARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).