Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Colombian Peso/Danish Krone (FOREX:COPDKK)
Crossroads (-60) - COPDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid COPDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPDKK
The long-term trend has been UP since Nov 12th, 2020 at 0.00169490
The intermediate-term trend has been DOWN since Jan 22nd, 2021 at 0.00175933
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.00174202
Smart Scan Analysis for COPDKK
Based on our trend formula, COPDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).