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Forex Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Weak Uptrend (+65) - COPBRL is showing signs of weakening momentum to the upside. Monitor COPBRL as it may be in the beginning stages of a reversal.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.00123224 0.00123915 0.00122555 0.00123337 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term up The long-term trend has been UP since May 30th, 2023 at 0.00113741

intermediate term up The intermediate-term trend has been UP since May 24th, 2023 at 0.00111211

short term down The short-term trend has been DOWN since Sep 26th, 2023 at 0.00123490

Smart Scan Analysis for COPBRL

Based on our trend formula, COPBRL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00123224 0.00123915 0.00122555 0.00123337 +0.00000100
Prev. Close Volume Bid Ask Time
0.00123915 2023-09-29 16:06:59
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