Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Colombian Peso/US Dollar (FOREX:COPUSD)
Crossroads (-60) - COPUSD is struggling to move into a solid trend. Beware of choppy markets 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.
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 DOWN since Dec 28th, 2020 at 0.00028500
The short-term trend has been DOWN since Feb 17th, 2021 at 0.00028380
Smart Scan Analysis for COPUSD
Based on our trend formula, COPUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).