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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Colombian Peso/Euro (FOREX:COPEUR)

Long-Term Downtrend (-90) - COPEUR is in a strong downtrend that is likely to continue. While COPEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_COPEUR
Open High Low COPEUR Price Change
0.00022527 0.00022527 0.00022527 0.00022527 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPEUR

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 0.00023295

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.00023974

short term down The short-term trend has been DOWN since Jun 5th, 2024 at 0.00023755

Smart Scan Analysis for COPEUR

Based on our trend formula, COPEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for COPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00022527 0.00022527 0.00022527 0.00022527 0.00000000
Prev. Close Volume Bid Ask Time
0.00022606 2024-06-16 21:00:22
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