Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Bull Market Weakness (+75) - COPBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.00133888 0.00134714 0.00132270 0.00133945 +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 Mar 8th, 2024 at 0.00127479

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.00132532

Smart Scan Analysis for COPBRL

Based on our trend formula, COPBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00133888 0.00134714 0.00132270 0.00133945 +0.00000100
Prev. Close Volume Bid Ask Time
0.00133888 2024-04-15 15:58:48
Get a free daily analysis and signals for Colombian Peso/Brazilian Real (COPBRL) - Request Your Free Report.