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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Colombian Peso/Danish Krone (FOREX:COPDKK)

Countertrend Up (+85) - COPDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00176356 0.00176356 0.00176356 0.00176356 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPDKK

long term up The long-term trend has been UP since Nov 12th, 2020 at 0.00169490

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 0.00167022

short term up The short-term trend has been UP since Nov 27th, 2020 at 0.00172270

Smart Scan Analysis for COPDKK

Based on our trend formula, COPDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for COPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00176356 0.00176356 0.00176356 0.00176356 0.00000000
Prev. Close Volume Bid Ask Time
0.00176356 2020-12-04 07:18:23
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