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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPMXN
Open High Low COPMXN Price Change
0.00561009 0.00561614 0.00557991 0.00558419 -0.00002600
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long term trend has been UP since Jan 3rd, 2020 at 0.00581398

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2020 at 0.00567499

short term up The short term trend has been UP since Jan 23rd, 2020 at 0.00563358

Smart Scan Analysis for COPMXN

Based on a pre-defined weighted trend formula for chart analysis, COPMXN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00561009 0.00561614 0.00557991 0.00558419 -0.00002600
Prev. Close Volume Bid Ask Time
0.00561009 0.00558090 0.00558748 2020-01-24 17:07:12
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