Forex Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Colombian Peso/Euro (FOREX:COPEUR)
Sidelines Mode (+55) - COPEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Apr 13th, 2023 at 0.00020304
The intermediate-term trend has been DOWN since Nov 19th, 2023 at 0.00022809
The short-term trend has been UP since Nov 29th, 2023 at 0.00022731
Smart Scan Analysis for COPEUR
Based on our trend formula, COPEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).