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.
MarketClub’s Trade Triangles for COPMXN
The long-term trend has been UP since Dec 21st, 2020 at 0.00596614
The intermediate-term trend has been UP since Feb 18th, 2021 at 0.00579023
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).