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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Colombian Peso/US Dollar (FOREX:COPUSD)
Sidelines Mode (+50) - COPUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until COPUSD can gain 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.
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MarketClub’s Trade Triangles for COPUSD
The long-term trend has been DOWN since Jun 9th, 2024 at 0.00025161
The intermediate-term trend has been UP since Jul 8th, 2024 at 0.00024499
The short-term trend has been UP since Jul 23rd, 2024 at 0.00024928
Smart Scan Analysis for COPUSD
Based on our trend formula, COPUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00024748 | 0.00024768 | 0.00024713 | 0.00024768 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00024748 | 2024-07-26 20:20:13 |