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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Colombian Peso/US Dollar (FOREX:COPUSD)

Weak Downtrend (-65) - COPUSD is showing signs of a strengthening downtrend. Monitor COPUSD as it may be building momentum to the downside.

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
0.00022811 0.00022840 0.00022725 0.00022743 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term down The long-term trend has been DOWN since May 1st, 2022 at 0.00024994

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 0.00023237

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 0.00023399

Smart Scan Analysis for COPUSD

Based on our trend formula, COPUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00022811 0.00022840 0.00022725 0.00022743 -0.00000100
Prev. Close Volume Bid Ask Time
0.00022811 2022-08-19 16:52:01
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