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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

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.

FOREX_COPCAD
Open High Low COPCAD Price Change
0.00034455 0.00034586 0.00034455 0.00034586 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.00034422

intermediate term down The intermediate-term trend has been DOWN since Jun 5th, 2024 at 0.00035122

short term down The short-term trend has been DOWN since Jun 5th, 2024 at 0.00035223

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).

-70
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00034455 0.00034586 0.00034455 0.00034586 +0.00000100
Prev. Close Volume Bid Ask Time
0.00034455 2024-06-12 21:02:24
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