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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Countertrend Up (+85) - COPBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00153032 0.00156604 0.00152596 0.00155997 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term up The long-term trend has been UP since Apr 15th, 2020 at 0.00136465

intermediate term up The intermediate-term trend has been UP since Mar 2nd, 2021 at 0.00155786

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.00152403

Smart Scan Analysis for COPBRL

Based on our trend formula, COPBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00153032 0.00156604 0.00152596 0.00155997 +0.00003000
Prev. Close Volume Bid Ask Time
0.00153032 2021-03-05 09:10:20
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