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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Colombian Peso/Canadian Dollar (FOREX:COPCAD)

Long-Term Downtrend (-90) - COPCAD is in a strong downtrend that is likely to continue. While COPCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_COPCAD
Open High Low COPCAD Price Change
0.00031987 0.00031987 0.00031987 0.00031987 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 0.00034377

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.00032319

short term down The short-term trend has been DOWN since Nov 6th, 2024 at 0.00032319

Smart Scan Analysis for COPCAD

Based on our trend formula, COPCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00031987 0.00031987 0.00031987 0.00031987 0.00000000
Prev. Close Volume Bid Ask Time
0.00031313 2024-11-12 07:25:07
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