Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Colombian Peso/US Dollar (FOREX:COPUSD)
Strong Uptrend (+100) - COPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COPUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for COPUSD
The long-term trend has been UP since Nov 10th, 2020 at 0.00027453
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.00026605
The short-term trend has been UP since Nov 25th, 2020 at 0.00027530
Smart Scan Analysis for COPUSD
Based on our trend formula, COPUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).