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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/Colombian Peso (FOREX:GBPCOP)

Long-Term Uptrend (+90) - GBPCOP is in a strong uptrend that is likely to continue. While GBPCOP 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 ?

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.

FOREX_GBPCOP
Open High Low GBPCOP Price Change
4404.8801 4404.8801 4404.8801 4404.8801 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCOP

long term up The long-term trend has been UP since Sep 23rd, 2019 at 4232.8000

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2020 at 4331.0937

short term up The short-term trend has been UP since Feb 11th, 2020 at 4464.5839

Smart Scan Analysis for GBPCOP

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

+90
Smart Scan Analysis for GBPCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4404.8801 4404.8801 4404.8801 4404.8801 0.0000
Prev. Close Volume Bid Ask Time
4404.8801 4344.6910 4465.0692 2020-02-16 21:04:29
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