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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.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.00127729 0.00132672 0.00127093 0.00132424 +0.00004700
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long-term trend has been DOWN since Mar 13th, 2020 at 0.00119145

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2020 at 0.00126706

short term down 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).

-70
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00127729 0.00132672 0.00127093 0.00132424 +0.00004700
Prev. Close Volume Bid Ask Time
0.00127729 0.00132332 0.00132516 2020-04-03 17:10:35
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