Forex Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
Colombian Peso/Brazilian Real (FOREX:COPBRL)
Weak Uptrend (+65) - COPBRL is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for COPBRL
The long-term trend has been UP since May 30th, 2023 at 0.00113741
The intermediate-term trend has been UP since May 24th, 2023 at 0.00111211
The short-term trend has been DOWN since Sep 26th, 2023 at 0.00123490
Smart Scan Analysis for COPBRL
Based on our trend formula, COPBRL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).