Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Colombian Peso/Canadian Dollar (FOREX:COPCAD)
Bull Market Weakness (+75) - COPCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COPCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid COPCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPCAD
The long-term trend has been UP since Apr 7th, 2023 at 0.00029382
The intermediate-term trend has been UP since Sep 10th, 2023 at 0.00033468
The short-term trend has been UP since Sep 4th, 2023 at 0.00033194
Smart Scan Analysis for COPCAD
Based on our trend formula, COPCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).