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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Mexican Peso/Colombian Peso (FOREX:MXNCOP)
Crossroads (-60) - MXNCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 13th, 2024 at 234.04127
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 230.52279
The short-term trend has been DOWN since Apr 18th, 2024 at 230.25090
Smart Scan Analysis for MXNCOP
Based on our trend formula, MXNCOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 228.65382 | 228.65382 | 228.65382 | 228.65382 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 228.65382 | 2024-04-23 07:26:24 |