Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Colombian Peso/Brazilian Real (FOREX:COPBRL)
Strong Uptrend (+100) - COPBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COPBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Apr 15th, 2020 at 0.00136465
The intermediate-term trend has been UP since Nov 13th, 2020 at 0.00151681
The short-term trend has been UP since Nov 23rd, 2020 at 0.00147822
Smart Scan Analysis for COPBRL
Based on our trend formula, COPBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).