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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Colombian Peso/Mexican Peso (FOREX:COPMXN)

Weak Uptrend (+65) - COPMXN is showing signs of weakening momentum to the upside. Monitor COPMXN as it may be in the beginning stages of a reversal.

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
0.00436370 0.00436423 0.00435418 0.00436012 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for COPMXN

long term up The long-term trend has been UP since Jun 7th, 2023 at 0.00409705

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2023 at 0.00426409

short term up The short-term trend has been UP since Nov 28th, 2023 at 0.00425475

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
0.00436370 0.00436423 0.00435418 0.00436012 -0.00000400
Prev. Close Volume Bid Ask Time
0.00436370 2023-12-08 03:34:45
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