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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Euro/Colombian Peso (FOREX:EURCOP)

Sidelines Mode (-55) - EURCOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low EURCOP Price Change
5136.6 5136.6 5136.6 5136.6 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term up The long-term trend has been UP since Jun 28th, 2022 at 4311.3

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2023 at 5057.4

short term up The short-term trend has been UP since Mar 18th, 2023 at 5025.8

Smart Scan Analysis for EURCOP

Based on our trend formula, EURCOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5136.6 5136.6 5136.6 5136.6 0.0
Prev. Close Volume Bid Ask Time
5056.4 2023-03-18 03:55:50
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