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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Strong Uptrend (+100) - COPMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COPMXN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.00569393 0.00584261 0.00568743 0.00583527 +0.00014100
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long-term trend has been UP since Dec 21st, 2020 at 0.00596614

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2021 at 0.00579023

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.00583333

Smart Scan Analysis for COPMXN

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

+100
Smart Scan Analysis for COPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00569393 0.00584261 0.00568743 0.00583527 +0.00014100
Prev. Close Volume Bid Ask Time
0.00569393 2021-02-25 11:02:51
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