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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Mexican Peso/Colombian Peso (FOREX:MXNCOP)

Bull Market Weakness (+75) - MXNCOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNCOP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MXNCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCOP
Open High Low MXNCOP Price Change
185.76136 185.76136 185.76136 185.76136 0.00000
Entry Signal

MarketClub’s Trade Triangles for MXNCOP

long term up The long-term trend has been UP since Mar 29th, 2021 at 178.70032

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2021 at 172.95359

short term up The short-term trend has been UP since Mar 15th, 2021 at 170.10085

Smart Scan Analysis for MXNCOP

Based on our trend formula, MXNCOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MXNCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
185.76136 185.76136 185.76136 185.76136 0.00000
Prev. Close Volume Bid Ask Time
185.76136 2021-05-12 07:25:12
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