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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Colombian Peso/Mexican Peso (FOREX:COPMXN)
Crossroads (-60) - COPMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for COPMXN
The long-term trend has been DOWN since Nov 7th, 2024 at 0.00449442
The intermediate-term trend has been UP since Nov 11th, 2024 at 0.00470312
The short-term trend has been UP since Nov 19th, 2024 at 0.00461428
Smart Scan Analysis for COPMXN
Based on our trend formula, COPMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00458287 | 0.00458520 | 0.00457428 | 0.00457546 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00458287 | 2024-11-20 03:29:56 |