Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Colombian Peso/Brazilian Real (FOREX:COPBRL)
Weak Downtrend (-65) - COPBRL is showing signs of a strengthening downtrend. Monitor COPBRL as it may be building momentum to the downside.
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 DOWN since Mar 13th, 2020 at 0.00119145
The intermediate-term trend has been DOWN since Mar 10th, 2020 at 0.00126706
The short-term trend has been DOWN since Apr 3rd, 2020 at 0.00127424
Smart Scan Analysis for COPBRL
Based on our trend formula, COPBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).