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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Colombian Peso/Mexican Peso (FOREX:COPMXN)
Sidelines Mode (+55) - COPMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Apr 18th, 2024 at 0.00444270
The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.00434954
The short-term trend has been DOWN since Apr 24th, 2024 at 0.00433729
Smart Scan Analysis for COPMXN
Based on our trend formula, COPMXN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00438169 | 0.00439226 | 0.00431850 | 0.00432132 | -0.00006000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00438169 | 2024-04-25 08:32:39 |