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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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for COPBRL
The long-term trend has been DOWN since Jan 3rd, 2022 at 0.00136829
The intermediate-term trend has been DOWN since Jun 28th, 2022 at 0.00125736
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).
| 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 |