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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Euro/Colombian Peso (FOREX:EURCOP)

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

Is it time to buy, sell, or avoid EURCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURCOP
Open High Low EURCOP Price Change
4065.2 4065.2 4065.2 4065.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term up The long-term trend has been UP since Mar 9th, 2020 at 3885.9

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 4253.3

short term down The short-term trend has been DOWN since Jun 5th, 2020 at 4114.9

Smart Scan Analysis for EURCOP

Based on our trend formula, EURCOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4065.2 4065.2 4065.2 4065.2 0.0
Prev. Close Volume Bid Ask Time
4065.2 4015.2 4115.2 2020-06-05 07:16:04
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