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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Colombian Peso (FOREX:MXNCOP)
Countertrend Up (+85) - MXNCOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MXNCOP
The long-term trend has been UP since Apr 9th, 2025 at 213.93675
The intermediate-term trend has been UP since Mar 12th, 2025 at 204.06717
The short-term trend has been UP since May 3rd, 2025 at 215.46464
Smart Scan Analysis for MXNCOP
Based on our trend formula, MXNCOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 216.44740 | 216.44740 | 212.49752 | 212.49752 | -3.94988 |
| Prev. Close | Volume | Bid | Ask | Time |
| 216.95971 | 2025-05-03 16:46:28 |