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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Euro/Colombian Peso (FOREX:EURCOP)

Long-Term Uptrend (+90) - EURCOP is in a strong uptrend that is likely to continue. While EURCOP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
4456.2 4456.2 4456.2 4456.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCOP

long term up The long-term trend has been UP since Jun 13th, 2024 at 4293.3

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2024 at 4171.8

short term up The short-term trend has been UP since Jun 5th, 2024 at 4210.3

Smart Scan Analysis for EURCOP

Based on our trend formula, EURCOP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4456.2 4456.2 4456.2 4456.2 0.0
Prev. Close Volume Bid Ask Time
4456.2 2024-06-22 02:49:30
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