Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
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 UP since Oct 3rd, 2021 at 0.00167862
The intermediate-term trend has been UP since Sep 29th, 2021 at 0.00165677
The short-term trend has been UP since Sep 16th, 2021 at 0.00164683
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).