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Forex Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

Colombian Peso/Danish Krone (FOREX:COPDKK)

Bull Market Weakness (+75) - COPDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COPDKK as it may be in the beginning stages of a reversal.

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.

FOREX_COPDKK
Open High Low COPDKK Price Change
0.00171859 0.00171861 0.00171858 0.00171861 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPDKK

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 0.00173709

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2024 at 0.00170589

short term up The short-term trend has been UP since Jul 2nd, 2024 at 0.00167846

Smart Scan Analysis for COPDKK

Based on our trend formula, COPDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for COPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00171859 0.00171861 0.00171858 0.00171861 0.00000000
Prev. Close Volume Bid Ask Time
0.00172379 2024-07-11 07:26:03
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