Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Colombian Peso/Canadian Dollar (FOREX:COPCAD)
Crossroads (-60) - COPCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Sep 2nd, 2021 at 0.00033470
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.00032998
The short-term trend has been DOWN since Oct 19th, 2021 at 0.00033265
Smart Scan Analysis for COPCAD
Based on our trend formula, COPCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).