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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Colombian Peso (FOREX:EURCOP)
Sidelines Mode (+50) - EURCOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURCOP can gain momentum.
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.
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MarketClub’s Trade Triangles for EURCOP
The long-term trend has been DOWN since Apr 13th, 2023 at 4925.6
The intermediate-term trend has been UP since Apr 17th, 2024 at 4171.8
The short-term trend has been UP since Apr 17th, 2024 at 4091.4
Smart Scan Analysis for EURCOP
Based on our trend formula, EURCOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4155.2 | 4155.2 | 4155.2 | 4155.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4155.2 | 2024-04-18 07:26:27 |