Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Colombian Peso/Chilean Peso (FOREX:COPCLP)
Bull Market Weakness (+75) - COPCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COPCLP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for COPCLP
The long-term trend has been UP since Aug 15th, 2021 at 0.20058865
The intermediate-term trend has been UP since Aug 4th, 2021 at 0.19803630
The short-term trend has been UP since Sep 21st, 2021 at 0.20528930
Smart Scan Analysis for COPCLP
Based on our trend formula, COPCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).