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Forex Trend Analysis Report
Prepared for you on Sunday, September 8, 2024.
British Pound/Colombian Peso (FOREX:GBPCOP)
Bull Market Weakness (+75) - GBPCOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCOP as it may be in the beginning stages of a reversal.
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 Jun 5th, 2024 at 5022.2552
The intermediate-term trend has been UP since Jul 31st, 2024 at 5229.9306
The short-term trend has been UP since Aug 21st, 2024 at 5185.0212
Smart Scan Analysis for GBPCOP
Based on our trend formula, GBPCOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5472.2765 | 5481.3585 | 5472.2765 | 5481.3585 | +9.0820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5481.3585 | 2024-09-07 04:49:22 |