Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Euro/Colombian Peso (FOREX:EURCOP)
Bull Market Weakness (+75) - EURCOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURCOP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURCOP
The long-term trend has been UP since Jun 28th, 2022 at 4311.3
The intermediate-term trend has been UP since Jun 20th, 2022 at 4100.8
The short-term trend has been UP since Jun 22nd, 2022 at 4112.7
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).