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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

Colombian Peso/Danish Krone (FOREX:COPDKK)

Long-Term Downtrend (-90) - COPDKK is in a strong downtrend that is likely to continue. While COPDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00160101 0.00160114 0.00160099 0.00160099 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 down The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 0.00160645

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 0.00160645

Smart Scan Analysis for COPDKK

Based on our trend formula, COPDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for COPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00160101 0.00160114 0.00160099 0.00160099 0.00000000
Prev. Close Volume Bid Ask Time
0.00163446 2024-12-09 21:06:12
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