Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Colombian Peso/Chilean Peso (FOREX:COPCLP)
Sidelines Mode (+50) - COPCLP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until COPCLP can gain momentum.
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 DOWN since Mar 11th, 2020 at 0.22470638
The intermediate-term trend has been UP since Nov 11th, 2020 at 0.20788817
The short-term trend has been UP since Nov 11th, 2020 at 0.20136785
Smart Scan Analysis for COPCLP
Based on our trend formula, COPCLP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).