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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Colombian Peso/Danish Krone (FOREX:COPDKK)

Bear Market Rally (-75) - COPDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on COPDKK as it may be in the beginning 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
0.00161007 0.00161007 0.00161007 0.00161007 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 Sep 23rd, 2024 at 0.00161304

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 0.00161058

Smart Scan Analysis for COPDKK

Based on our trend formula, COPDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for COPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00161007 0.00161007 0.00161007 0.00161007 0.00000000
Prev. Close Volume Bid Ask Time
0.00159481 2024-10-22 07:25:24
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