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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Colombian Peso/Chilean Peso (FOREX:COPCLP)

Long-Term Downtrend (-90) - COPCLP is in a strong downtrend that is likely to continue. While COPCLP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.22118209 0.22118209 0.22118209 0.22118209 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term down The long-term trend has been DOWN since May 12th, 2024 at 0.23962918

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.24606159

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.23034483

Smart Scan Analysis for COPCLP

Based on our trend formula, COPCLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22118209 0.22118209 0.22118209 0.22118209 0.00000000
Prev. Close Volume Bid Ask Time
0.22603467 2024-06-16 19:01:50
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