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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Sidelines Mode (+55) - COPCLP 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 COPCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for COPCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_COPCLP
Open High Low COPCLP Price Change
0.22387254 0.22387254 0.22387254 0.22387254 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term up The long-term trend has been UP since Dec 17th, 2024 at 0.22534687

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2024 at 0.22501804

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.22662739

Smart Scan Analysis for COPCLP

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

+55
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22387254 0.22387254 0.22387254 0.22387254 0.00000000
Prev. Close Volume Bid Ask Time
0.22387254 2024-12-25 04:48:05
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