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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Colombian Peso/Canadian Dollar (FOREX:COPCAD)

Sidelines Mode (+50) - COPCAD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until COPCAD can gain momentum.

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
0.0002959 0.0002959 0.0002959 0.0002959 0.0000000
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term down The long-term trend has been DOWN since May 5th, 2022 at 0.00032139

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 0.00029244

short term up The short-term trend has been UP since Jul 29th, 2022 at 0.00029244

Smart Scan Analysis for COPCAD

Based on our trend formula, COPCAD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0002959 0.0002959 0.0002959 0.0002959 0.0000000
Prev. Close Volume Bid Ask Time
0.0002959 2022-08-10 07:20:33
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