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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Colombian Peso/Canadian Dollar (FOREX:COPCAD)

Sidelines Mode (+55) - COPCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_COPCAD
Open High Low COPCAD Price Change
0.0003579 0.0003579 0.0003579 0.0003579 0.0000000
Entry Signal

MarketClub’s Trade Triangles for COPCAD

long term up The long-term trend has been UP since Nov 12th, 2020 at 0.00035445

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2020 at 0.00034899

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.00035839

Smart Scan Analysis for COPCAD

Based on our trend formula, COPCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for COPCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0003579 0.0003579 0.0003579 0.0003579 0.0000000
Prev. Close Volume Bid Ask Time
0.0003579 2020-11-24 07:14:32
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