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Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Colombian Peso/US Dollar (FOREX:COPUSD)
Sidelines Mode (+55) - COPUSD 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 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.
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MarketClub’s Trade Triangles for COPUSD
The long-term trend has been UP since Jan 26th, 2023 at 0.00022317
The intermediate-term trend has been UP since Jul 17th, 2023 at 0.00024545
The short-term trend has been DOWN since Sep 20th, 2023 at 0.00025423
Smart Scan Analysis for COPUSD
Based on our trend formula, COPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00024569 | 0.00024601 | 0.00024421 | 0.00024456 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00024569 | 2023-09-27 18:23:04 |