Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
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.
MarketClub’s Trade Triangles for COPDKK
The long-term trend has been DOWN since Mar 9th, 2020 at 0.00192318
The intermediate-term trend has been UP since May 11th, 2020 at 0.00175402
The short-term trend has been UP since May 20th, 2020 at 0.00176600
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).