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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.

FOREX_COPCLP
Open High Low COPCLP Price Change
0.20933489 0.20933489 0.20933489 0.20933489 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPCLP

long term down The long-term trend has been DOWN since Mar 11th, 2020 at 0.22470638

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 0.20788817

short term up 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).

+50
Smart Scan Analysis for COPCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20933489 0.20933489 0.20933489 0.20933489 0.00000000
Prev. Close Volume Bid Ask Time
0.21105237 2020-11-23 21:07:11
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