Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Colombian Peso/Chilean Peso (FOREX:COPCLP)
Strong Downtrend (-100) - COPCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for COPCLP
The long-term trend has been DOWN since Feb 23rd, 2021 at 0.19687233
The intermediate-term trend has been DOWN since Jan 25th, 2021 at 0.20544643
The short-term trend has been DOWN since Feb 9th, 2021 at 0.20541634
Smart Scan Analysis for COPCLP
Based on our trend formula, COPCLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).