Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Colombian Peso/Euro (FOREX:COPEUR)
Bear Market Rally (-75) - COPEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on COPEUR as it may be in the beginning of a reversal.
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 DOWN since Jun 28th, 2022 at 0.00023198
The intermediate-term trend has been UP since Feb 28th, 2023 at 0.00019775
The short-term trend has been DOWN since Mar 18th, 2023 at 0.00019899
Smart Scan Analysis for COPEUR
Based on our trend formula, COPEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).