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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Colombian Peso/Mexican Peso (FOREX:COPMXN)
Long-Term Uptrend (+90) - COPMXN is in a strong uptrend that is likely to continue. While COPMXN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Apr 18th, 2024 at 0.00444270
The intermediate-term trend has been UP since Jul 11th, 2024 at 0.00451250
The short-term trend has been UP since Jul 23rd, 2024 at 0.00449233
Smart Scan Analysis for COPMXN
Based on our trend formula, COPMXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00455796 | 0.00457457 | 0.00452619 | 0.00456499 | +0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00455796 | 2024-07-26 17:00:05 |