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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Mexican Peso/Colombian Peso (FOREX:MXNCOP)

Strong Downtrend (-100) - MXNCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
172.50125 172.50125 172.50125 172.50125 0.00000
Entry Signal

MarketClub’s Trade Triangles for MXNCOP

long term down The long-term trend has been DOWN since Dec 13th, 2020 at 171.01027

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2021 at 174.79907

short term down The short-term trend has been DOWN since Feb 12th, 2021 at 177.58862

Smart Scan Analysis for MXNCOP

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

-100
Smart Scan Analysis for MXNCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
172.50125 172.50125 172.50125 172.50125 0.00000
Prev. Close Volume Bid Ask Time
172.50125 2021-02-25 07:31:39
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