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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
British Pound/Colombian Peso (FOREX:GBPCOP)
Crossroads (-60) - GBPCOP 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 GBPCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCOP.
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 GBPCOP
The long-term trend has been UP since Jul 14th, 2022 at 5075.3719
The intermediate-term trend has been DOWN since Aug 10th, 2022 at 5330.2533
The short-term trend has been DOWN since Aug 10th, 2022 at 5321.0545
Smart Scan Analysis for GBPCOP
Based on our trend formula, GBPCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5265.1047 | 5265.1047 | 5265.1047 | 5265.1047 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5265.1047 | 2022-08-10 07:20:33 |