Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Crossroads (+60) - COPBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00131529 0.00131529 0.00131368 0.00131368 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long-term trend has been DOWN since Oct 2nd, 2024 at 0.00128910

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 0.00134423

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.00130880

Smart Scan Analysis for COPBRL

Based on our trend formula, COPBRL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00131529 0.00131529 0.00131368 0.00131368 -0.00000200
Prev. Close Volume Bid Ask Time
0.00131529 2024-11-20 03:04:40
Get a free daily analysis and signals for Colombian Peso/Brazilian Real (COPBRL) - Request Your Free Report.