Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Colombian Peso/Brazilian Real (FOREX:COPBRL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for COPBRL
The long term trend has been UP since Sep 19th, 2019 at 0.00122800
The intermediate term trend has been UP since Feb 7th, 2020 at 0.00127164
The short term trend has been UP since Feb 13th, 2020 at 0.00127832
Smart Scan Analysis for COPBRL
Based on a pre-defined weighted trend formula for chart analysis, COPBRL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).