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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Colombian Peso/US Dollar (FOREX:COPUSD)

Crossroads (-60) - COPUSD 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 COPUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for COPUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_COPUSD
Open High Low COPUSD Price Change
0.00027855 0.00028081 0.00027838 0.00028050 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term up The long-term trend has been UP since Nov 10th, 2020 at 0.00027453

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.00028500

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 0.00028380

Smart Scan Analysis for COPUSD

Based on our trend formula, COPUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00027855 0.00028081 0.00027838 0.00028050 +0.00000200
Prev. Close Volume Bid Ask Time
0.00027855 2021-02-25 12:09:56
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