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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Colombian Peso/US Dollar (FOREX:COPUSD)

Weak Downtrend (-65) - COPUSD is showing signs of a strengthening downtrend. Monitor COPUSD as it may be building momentum to the downside.

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
0.00022781 0.00022788 0.00022726 0.00022726 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.00025161

intermediate term down The intermediate-term trend has been DOWN since Sep 1st, 2024 at 0.00024188

short term up The short-term trend has been UP since Nov 18th, 2024 at 0.00022434

Smart Scan Analysis for COPUSD

Based on our trend formula, COPUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00022781 0.00022788 0.00022726 0.00022726 -0.00000100
Prev. Close Volume Bid Ask Time
0.00022781 2024-11-20 03:49:57
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