Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Colombian Peso/Mexican Peso (FOREX:COPMXN)
Weak Uptrend (+65) - COPMXN is showing signs of weakening momentum to the upside. Monitor COPMXN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid COPMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPMXN
The long-term trend has been UP since Apr 5th, 2020 at 0.00627387
The intermediate-term trend has been UP since May 1st, 2020 at 0.00639504
The short-term trend has been DOWN since May 15th, 2020 at 0.00607705
Smart Scan Analysis for COPMXN
Based on our trend formula, COPMXN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).