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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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.

FOREX_EURCOP
Open High Low EURCOP Price Change
4359.9 4359.9 4359.9 4359.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term down The long-term trend has been DOWN since Nov 12th, 2020 at 4390.9

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2021 at 4229.0

short term up The short-term trend has been UP since Feb 22nd, 2021 at 4269.4

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).

+60
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4359.9 4359.9 4359.9 4359.9 0.0
Prev. Close Volume Bid Ask Time
4359.9 2021-02-25 07:31:39
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