Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Colombian Peso/US Dollar (FOREX:COPUSD)
Bull Market Weakness (+75) - COPUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COPUSD as it may be in the beginning stages of a reversal.
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 DOWN since Mar 2nd, 2020 at 0.00028418
The intermediate-term trend has been UP since Apr 8th, 2020 at 0.00025494
The short-term trend has been UP since May 18th, 2020 at 0.00025633
Smart Scan Analysis for COPUSD
Based on our trend formula, COPUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).