Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Colombian Peso/Euro (FOREX:COPEUR)
Countertrend Up (+85) - COPEUR 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 COPEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPEUR
The long-term trend has been UP since Nov 12th, 2020 at 0.00022777
The intermediate-term trend has been UP since Oct 22nd, 2020 at 0.00022444
The short-term trend has been UP since Oct 22nd, 2020 at 0.00022167
Smart Scan Analysis for COPEUR
Based on our trend formula, COPEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).