Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Colombian Peso (FOREX:EURCOP)
Crossroads (-60) - EURCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 13th, 2024 at 4293.3
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 4632.4
The short-term trend has been DOWN since Nov 12th, 2024 at 4632.4
Smart Scan Analysis for EURCOP
Based on our trend formula, EURCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4629.7 | 4629.7 | 4629.7 | 4629.7 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4744.5 | 2024-11-12 07:25:07 |