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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.

FOREX_COPUSD
Open High Low COPUSD Price Change
0.00024569 0.00024601 0.00024421 0.00024456 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term up The long-term trend has been UP since Jan 26th, 2023 at 0.00022317

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2023 at 0.00024545

short term down 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).

+55
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways 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
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