Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Colombian Peso/Danish Krone (FOREX:COPDKK)
Strong Downtrend (-100) - COPDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, COPDKK continues to fall. 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.
MarketClub’s Trade Triangles for COPDKK
The long-term trend has been DOWN since Jun 28th, 2022 at 0.00172602
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 0.00181424
The short-term trend has been DOWN since Jun 22nd, 2022 at 0.00180904
Smart Scan Analysis for COPDKK
Based on our trend formula, COPDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).