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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Weak Downtrend (-65) - COPMXN is showing signs of a strengthening downtrend. Monitor COPMXN as it may be building momentum to the downside.

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
0.00456639 0.00457658 0.00455563 0.00457344 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 0.00449442

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2024 at 0.00470312

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.00462743

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
0.00456639 0.00457658 0.00455563 0.00457344 +0.00000700
Prev. Close Volume Bid Ask Time
0.00456639 2024-12-26 11:37:41
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