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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.

FOREX_COPMXN
Open High Low COPMXN Price Change
0.00600580 0.00601768 0.00599984 0.00601560 +0.00001000
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long-term trend has been UP since Apr 5th, 2020 at 0.00627387

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 0.00639504

short term down 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).

+65
Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00600580 0.00601768 0.00599984 0.00601560 +0.00001000
Prev. Close Volume Bid Ask Time
0.00600580 0.00601462 0.00601659 2020-05-25 03:22:59
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