Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Colombian Peso/Canadian Dollar (FOREX:COPCAD)
Weak Downtrend (-65) - COPCAD is showing signs of a strengthening downtrend. Monitor COPCAD as it may be building momentum to the downside.
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 Nov 12th, 2020 at 0.00035445
The intermediate-term trend has been DOWN since Jan 13th, 2021 at 0.00036718
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.00036017
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).