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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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 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.

FOREX_GBPCOP
Open High Low GBPCOP Price Change
5041.5999 5041.5999 5041.5999 5041.5999 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCOP

long term up The long-term trend has been UP since Feb 24th, 2021 at 5026.3267

intermediate term up The intermediate-term trend has been UP since Dec 24th, 2020 at 4739.6076

short term up The short-term trend has been UP since Feb 22nd, 2021 at 4889.3724

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
5041.5999 5041.5999 5041.5999 5041.5999 0.0000
Prev. Close Volume Bid Ask Time
5041.5999 2021-02-25 07:31:39
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