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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Strong Downtrend (-100) - COPBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, COPBRL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid COPBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for COPBRL.

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FOREX_COPBRL
Open High Low COPBRL Price Change
0.00117885 0.00118681 0.00117456 0.00117530 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long-term trend has been DOWN since Jan 3rd, 2022 at 0.00136829

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2022 at 0.00125736

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 0.00118659

Smart Scan Analysis for COPBRL

Based on our trend formula, COPBRL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00117885 0.00118681 0.00117456 0.00117530 -0.00000400
Prev. Close Volume Bid Ask Time
0.00117885 2022-08-19 17:04:55
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