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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Colombian Peso/Canadian Dollar (FOREX:COPCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPCAD
Open High Low COPCAD Price Change
0.00038736 0.00038736 0.00038736 0.00038736 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term up The long term trend has been UP since Dec 29th, 2019 at 0.00039856

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2020 at 0.00039471

short term down The short term trend has been DOWN since Jan 26th, 2020 at 0.00039182

Smart Scan Analysis for COPCAD

Based on a pre-defined weighted trend formula for chart analysis, COPCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00038736 0.00038736 0.00038736 0.00038736 0.00000000
Prev. Close Volume Bid Ask Time
0.00038736 0.00038219 0.00039253 2020-01-28 21:00:48
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