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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Colombian Peso/US Dollar (FOREX:COPUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPUSD
Open High Low COPUSD Price Change
0.00029728 0.00029728 0.00029728 0.00029728 0.00000000
Entry Signal

MarketClub’s Trade Triangles for COPUSD

long term up The long term trend has been UP since Dec 24th, 2019 at 0.00030234

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.00030002

short term down The short term trend has been DOWN since Jan 8th, 2020 at 0.00030636

Smart Scan Analysis for COPUSD

Based on a pre-defined weighted trend formula for chart analysis, COPUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for COPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00029728 0.00029728 0.00029728 0.00029728 0.00000000
Prev. Close Volume Bid Ask Time
0.00029728 0.00029328 0.00030129 2020-01-25 09:49:29
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